Bond yields traded flat on Tuesday as investors took a cautious approach amid the latest reports on the Trump administration and a suspected terrorist attack in the UK.
In the global market, U.S. Treasury yields were marginally higher on Monday as light selling tied to this week's government and corporate bond supply overrode safe-haven bids underpinned by worries about probes into U.S. President Donald Trump's 2016 campaign. Furthermore, oil prices fell after U.S. President Donald Trump proposed the sale of of half of the country's strategic oil reserves in his budget plan, just as producer club OPEC and its allies are cut back output to tighten the market.
Back home, the yields on new 10 year Government Stock were trading flat at its previous close at 6.77% on Monday.
The benchmark five-year interest rates were trading flat at its previous close at 6.97% on Monday.