Bond yields traded higher on Friday as a softer-than-expected US jobs data tempering expectations of near-term monetary tightening by the Federal Reserve.
In the global market, U.S. Treasury yields dropped on Thursday after the Labor Department released employment data that fell short of market expectations. Furthermore, Oil prices edged higher on Friday as investors pared bearish positions ahead of the U.S. holiday weekend, although improving physical crude supplies and signs of near-term oversupply continued to cap gains.
Back home, the yields on new 10 year Government Stock were trading 02 basis points higher at 6.73% from its previous close of 6.71% on Thursday.
The benchmark five-year interest rates were trading 01 basis point higher at 6.41% from its previous close of 6.40% on Thursday.