Bond yields traded almost flat on Tuesday, ahead of supply of state bonds.
In the global market, US Treasury yields rose on Monday, as the US stock market recovered and fears of a trade war eased after senior Republicans urged US President Donald Trump to reconsider his threat to impose tariffs on imported steel and aluminum. Furthermore, oil prices rose, underpinned by robust demand forecasts and prospects for informal contacts sought by OPEC with US shale oil producers at a key industry meeting in Houston this week.
Back home, the yields on new 10 year Government Stock were trading flat at its previous close of 7.78% on Monday.
The benchmark five-year interest rates were trading 2 basis points higher at 7.52% from its previous close of 7.50% on Monday.