Bond yields traded lower on Friday, as crude oil prices slipped.
In the global market, US Treasury yields slipped on Thursday as safe-haven demand fueled by more losses on Wall Street mitigated selling tied to worries about further interest rate increases from the Federal Reserve. Furthermore, Oil prices nudged higher but were set for a second weekly drop amid higher US crude inventories, an ongoing Sino-US trade war and concerns over the death of a prominent Saudi journalist.
Back home, the yields on new 10 year Government Stock were trading 1 basis point lower at 7.90% from its previous close of 7.91% on Wednesday.
The benchmark five-year interest rates were trading flat at its previous close at 7.90% on Wednesday.