Bond yields traded flat on Friday, as investors remained cautious ahead of series of micro economic data due next week.
In the global market, U.S. Treasury yields fell on Thursday, with the 10-year yield dipping below 3 percent as buyers emerged following a week-long selloff spurred by concerns about rising inflation and growing borrowing by the U.S. government. Furthermore, Oil prices edged lower, but Brent largely held gains from the previous session amid concerns that Iran may face renewed sanctions, choking off supply.
Back home, the yields on new 10 year Government Stock were trading flat at its previous close at 7.76% on Thursday.
The benchmark five-year interest rates were trading 2 basis points higher at 7.78% from its previous close of 7.76% on Thursday.