Bond yields traded flat on Tuesday, despite India’s Retail inflation falling to nine-month low of 4.17% in July on account of slowdown in prices of vegetables and fruits.
In the global market, US Treasury yields recovered from four-week lows on Monday, with concerns about the global impact of the Turkish crisis easing somewhat after the country's central bank came out with measures to stabilize the plunging lira. Furthermore, Oil prices rose after a report from OPEC confirmed that top exporter Saudi Arabia had cut production to avert looming oversupply.
Back home, the yields on new 10 year Government Stock were trading flat at its previous close at 7.82% on Monday.
The benchmark five-year interest rates were trading flat at its previous close at 7.86% on Monday.