Bond yields edged higher on Wednesday as production of eight infrastructure industries - the core sector - expanded 7.8% year-on-year (YoY) in January, its fastest pace in four months, owing to a lower base and a near all-round showing.
In the global market, U.S. Treasury yields were little changed on Tuesday to cap off a month of sharp gains, as traders weighed the prospects of tighter for longer monetary policy. Furthermore, oil prices rose on Tuesday as hopes for a strong economic rebound in China offset worries about U.S. interest rate hikes dragging down consumption in the world's biggest economy.
Back home, the yields on new 10 year Government Stock were trading 1 basis point higher at 7.46% from its previous close of 7.45% on Tuesday.
The benchmark five-year interest rates were trading flat with its previous close of 7.43% on Tuesday.