Bond yields traded marginally higher on Tuesday even as global geopolitical tensions and persistent inflationary concerns weighed on the domestic debt market.
In the global market, U.S. Treasury yields edged higher on Monday as traders reacted to geopolitical developments around the Iran war ahead of President Donald Trump’s meeting with China premier Xi Jinping in Beijing later this week.
Back home, the yields on new 10 year Government Stock were trading 01 basis point higher at 7.04% from its previous close of 7.03% on Monday.
The benchmark five-year interest rates were trading 06 basis points higher at 6.83% from its previous close of 6.77% on Monday.
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