Bond yields traded flat on Tuesday as traders await fresh triggers.
In the global market, the 10-year Treasury yield was relatively unchanged on Monday as the U.S. government shutdown entered its fourth week, putting it on track to become the longest running yet. Furthermore, Oil prices slipped on Tuesday as investors read OPEC+’s decision to pause output hikes in the first quarter as a signal of oversupply in the market.
Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 6.52% on Monday.
The benchmark five-year interest rates were trading flat with its previous close of 6.17% on Monday.
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