Bond yields traded flat on Friday amid lack of fresh triggers ahead to U.S. data on durable goods orders, first-quarter economic growth and consumer sentiment due later in the day.
In the global market, U.S. Treasury yields fell slightly on Thursday on doubts whether the Federal Reserve would raise interest rates more than once by the end of 2017 as it signaled it is preparing to shrink its $4.5 trillion balance sheet later this year. Furthermore, Oil markets remained weak after tumbling in the previous session when OPEC and allied producers extended output cuts but disappointed investors betting on longer or larger supply curbs.
Back home, the yields on new 10 year Government Stock were trading flat at its previous close at 6.79% on Thursday.
The benchmark five-year interest rates were trading flat at its previous close at 6.95% on Thursday.