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Bond yields trade flat on Tuesday

18 Feb 2020 Evaluate

Bond yields traded flat on Tuesday, due to a lack of new triggers.

In the global market, oil prices slipped on lingering concerns over the economic impact of the coronavirus outbreak in China and its effect on oil demand, tracking losses in financial markets.

Back home, the yields on new 10 year Government Stock were trading flat at its previous close at 6.38% on Monday.

The benchmark five-year interest rates were trading 2 basis points lower at 5.93% from its previous close of 5.95% on Monday.