Bond yields traded flat on Thursday, as investors awaited a fresh supply of debt via auctions later in the day.
In the global market, U.S. Treasury yields fell on safety buying on Wednesday after President Donald Trump said that he would be willing to risk a government shutdown to secure funding for a border wall, raising fears that a battle to raise the debt ceiling could delay payments on some bonds. Furthermore, oil prices were little changed, holding most of their gains from the previous session after another fall in U.S. crude inventories which is seen as a sign of a tighter market.
Back home, the yields on new 10 year Government Stock were trading flat at its previous close at 6.54% on Wednesday.
The benchmark five-year interest rates were trading flat at its previous close at 6.50% on Wednesday.