Bond yields traded marginally lower on Thursday as traders monitored rising tensions with Iran, which have pushed Brent crude prices higher.
In the global market, U.S. Treasury yields declined on Wednesday following data that showed core consumer price inflation slowed more than economists anticipated in May. Furthermore, Oil prices edged lower Thursday, after Mideast tensions flared up, with the U.S. attacking Iran and Tehran targeting Washington allies in the Gulf.
Back home, the yields on new 10 year Government Stock were trading 01 basis point lower at 6.90% from its previous close of 6.91% on Wednesday.
The benchmark five-year interest rates were trading 01 basis point lower at 6.55% from its previous close of 6.56% on Wednesday.