Bond yields traded marginally higher on Friday as markets awaited fresh debt supply.
In the global market, the 10-year Treasury yield ticked higher on Thursday after new economic data showed the U.S. economy remains solid. Furthermore, Oil prices steadied Friday, but were on course for a strong weekly rise as concerns over Russian supply disruptions and a surprise drop in U.S. crude inventories tightened the market outlook.
Back home, the yields on new 10 year Government Stock were trading 1 basis point higher at 6.50% from its previous close of 6.49% on Thursday.
The benchmark five-year interest rates were trading 7 basis points higher at 6.28% from its previous close of 6.21% on Thursday.