Bond yields traded flat on Wednesday, as investors remained cautious ahead of a heavy supply of notes this week.
In the global market, U.S. Treasuries rose after tensions on the Korean peninsula escalated with Pyongyang's warning that it is 'carefully examining' plans for a missile strike on the U.S. Pacific territory of Guam. Furthermore, crude futures fell for a third day despite a bigger than expected fall in U.S. oil inventories reported by an industry group, with doubts lingering over OPEC's ability to restrain supply as promised.
Back home, the yields on new 10 year Government Stock were trading flat at its previous close at 6.46% on Tuesday.
The benchmark five-year interest rates were trading 1 basis point lower at 6.45% from its previous close of 6.46% on Tuesday.