Bond yields edged higher on Monday, tracking firm U.S. Treasury yields.
In the global market, U.S. Treasury yields rose on Friday, with the 10-year yield bouncing back from a three-week low as the Bank of Japan's chief hinted at a possible exit from its ultra-easy policies if inflation hits its target in its fiscal 2019. Furthermore, oil prices rose ahead of a meeting between OPEC and U.S. shale firms in Houston, raising expectations that oil producers would discuss further how to clear a global oil glut.
Back home, the yields on new 10 year Government Stock were trading 2 basis points higher at 7.76% from its previous close of 7.74% on Thursday.
The benchmark five-year interest rates were trading 1 basis point higher at 7.49% from its previous close of 7.48% on Thursday.