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Bond yields trade flat on Tuesday

05 Sep 2017 Evaluate

Bond yields traded flat on Tuesday, as traders remained on sidelines amid geopolitical tensions and lack of fresh cues.

Furthermore, U.S. oil prices edged up as the gradual restart of Gulf of Mexico refineries following forced shutdowns due to Hurricane Harvey raised demand for crude, their most important feedstock.

Back home, the yields on new 10 year Government Stock were trading flat at its previous close at 6.50% on Monday. 

The benchmark five-year interest rates were trading flat at its previous close at 6.50% on Monday.