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Bond yields trade higher on Tuesday

20 Feb 2018 Evaluate

Bond yields edged higher on Tuesday, as investors remained concerned ahead of a supply of debt papers through a state auction.

Furthermore, Oil markets were split, with U.S. crude was pushed up by reduced flows from Canada while international Brent prices eased.

Back home, the yields on new 10 year Government Stock were trading 6 basis points higher at 7.64% from its previous close of 7.58% on Friday.

The benchmark five-year interest rates were trading 5 basis points higher at 7.43% from its previous close of 7.38% on Friday.