Bond yields traded flat on Tuesday as India's industrial production grew at a two-year high of 6.7 per cent in November this year, driven by strong performances in mining and manufacturing.
In the global market, U.S. 10-year Treasury yield was slightly lower on Monday as investors returned from the Christmas holiday and began to look ahead to the new year. Furthermore, oil prices jumped on Monday on potential disruptions in oil supply from the Middle East.
Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 6.59% on Monday.
The benchmark five-year interest rates were trading 1 basis point higher at 6.34% from its previous close of 6.33% on Monday.