Bond yields traded higher on Friday despite central bank announced a special open market operation next week and said it will continue buying federal and state government debt.
In the global market, U.S. Treasury yields were mixed on Thursday as national election results remained uncertain and investors awaited Friday's October employment report. Furthermore, oil fell as new lockdowns went into affect in Europe raising questions over the outlook for demand for crude, while ballots were still being counted in the U.S. election with its outcome undecided, keeping markets on edge.
Back home, the yields on new 10 year Government Stock were trading 2 basis points higher at 5.87% from its previous close of 5.85% on Thursday.
The benchmark five-year interest rates were trading 4 basis points higher at 5.14% from its previous close of 5.10% on Thursday.