Bond yields traded flat on Friday, ahead of weekly debt sale later today, while traders also focused on a meeting of key global leaders at the G-20 summit.
In the global market, the benchmark 10-year Treasury yield fell as the two-year return rose on Thursday, flattening the yield curve, after minutes from the last Federal Reserve policy-making meeting showed October's market volatility would not deter the US central bank from raising interest rates in December and beyond. Oil prices firmed as traders expected OPEC and Russia to agree on production cuts next week, although swelling U.S. supplies kept markets in check.
Furthermore, Oil prices firmed as traders expected OPEC and Russia to agree on production cuts next week, although swelling US supplies kept markets in check.
Back home, the yields on new 10 year Government Stock were trading flat at its previous close at 7.61% on Thursday.
The benchmark five-year interest rates were trading 1 basis point lower at 7.53% from its previous close of 7.52% on Thursday.