Bond yields edged lower on Tuesday, tracking a fall in U.S. Treasury yields as well as easing crude oil prices.
In the global market, U.S. Treasury yields fell from four-year highs on Monday after a rapid selloff in equity markets sparked demand for the low risk debt. Furthermore, oil prices fell by more than 1 percent, extending falls from the previous session, as global financial markets headed south in the wake of Wall Street's biggest one-day decline since 2011.
Back home, the yields on new 10 year Government Stock were trading 4 basis points lower at 7.57% from its previous close of 7.61% on Monday.
The benchmark five-year interest rates were trading 1 basis point lower at 7.42% from its previous close of 7.43% on Monday.