Bond yields edged lower on Friday as market waited for fresh supply of bonds through the government's weekly debt auction.
In the global market, Treasury yields jumped higher Thursday as weak demand for an auction injected some uncertainty into the market. Oil prices move higher on Friday, but are still set for a weekly decline as demand concerns hit key benchmarks.
Back home, the yields on new 10 year Government Stock were trading 3 basis points lower at 7.17% from its previous close of 7.20% on Thursday.
The benchmark five-year interest rates were trading 2 basis points lower at 7.07% from its previous close of 7.09% on Thursday.