Bond yields edged higher on Thursday, as the market prepared for a fresh supply of notes and the release of the nation's gross domestic product data.
In the global market, U.S. Treasury yields rose across most maturities on Wednesday bolstered by upbeat remarks on the economy by Federal Reserve Chair Janet Yellen and data showing stronger than expected U.S. economic growth for the third quarter. Furthermore, oil markets opened cautiously ahead of the outcome of an OPEC meeting in Vienna later in the day, with members set to debate the path for an extension of the group's supply-cut agreement.
Back home, the yields on new 10 year Government Stock were trading 2 basis points higher at 7.05% from its previous close of 7.03% on Wednesday.
The benchmark five-year interest rates were trading 1 basis point higher at 6.89% from its previous close of 6.88% on Wednesday.