Bond yields traded lower on Tuesday as the energy shock triggered by the West Asia conflict feeds inflation worries.
In the global market, U.S. Treasury yields were little changed on Monday, taking a breather after global bond rout that sent them sharply higher last week. Furthermore, Oil prices slipped on Tuesday after U.S. President Donald Trump said he had delayed a planned military strike on Iran following requests from key Middle Eastern leaders, easing concerns over an immediate escalation that could put global crude supplies in greater jeopardy.
Back home, the yields on new 10 year Government Stock were trading 02 basis points lower at 7.10% from its previous close of 7.12% on Monday.
The benchmark five-year interest rates were trading 02 basis points lower at 6.91% from its previous close of 6.93% on Monday.