Bond yields traded flat on Monday ahead of India’s inflation data, which is due later in the day.
In the global market, U.S. Treasury yields were lower on Friday as investors ran for safety following a threat from President Donald Trump on higher tariffs targeting Chinese goods. Furthermore, Oil prices fell on Friday after Israel and Hamas agreed to the first phase of a plan to end the war in Gaza.
Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 6.53% on Friday.
The benchmark five-year interest rates were trading 1 basis point higher at 6.16% from its previous close of 6.15% on Friday.
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