Bond yields edged lower on Thursday, on hopes that the central bank may announce another round of its so-called special open market operation today.
In the global market, US Treasury yields declined on Wednesday as investors took stock of an initial US-China trade deal and repositioned around new data showing producer prices barely rose in December. Furthermore, Oil prices rose, propelled higher by the long-anticipated signing of an initial trade deal between Washington and Beijing that sets the stage for a potentially huge increase in energy supplies from the United States to China.
Back home, the yields on new 10 year Government Stock were trading 1 basis points lower at 6.61% from its previous close of 6.62% on Wednesday.
The benchmark five-year interest rates were trading 1 basis point lower at 6.42% from its previous close of 6.43% on Wednesday.