Bond yields traded flat on Tuesday, ahead of an auction of state debt today.
In the global market benchmark Treasury yields were little changed on Monday, erasing an earlier dip, as investors shrugged off concerns about a new strain of COVID-19 in the United Kingdom, while demand was solid for the Treasury Department's $24 billion sale of 20-year bonds. Furthermore, oil prices fell, extending sharp losses overnight, as the rapid spread of a new strain of the novel coronavirus in the United Kingdom prompted several countries to close their borders to British travellers and freight.
Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 5.95% on Monday.
The benchmark five-year interest rates were trading flat with its previous close of 5.09% on Monday.