Bond yields traded flat on Thursday with private report stating that investments by private equity and venture capital funds surged to $10.7 billion in August from $2.2 billion in the same month last year, and $9.7 billion in July this year.
In the global market, U.S. government bond yields ticked higher on Wednesday, in a bounce back as the 10-year yield touched a fresh three-week low following economic data that showed further evidence that inflation had probably peaked. Furthermore, oil prices slipped, but kept most of the previous day's gains after a larger-than-expected drawdown in crude oil stocks in the United States, the world's largest oil consumer.
Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 6.16% on Wednesday.
The benchmark five-year interest rates were trading 1 basis point higher at 5.60% from its previous close of 5.59% on Wednesday.