Bond yields traded lower on Tuesday as traders also awaited US inflation data due on Wednesday for cues on the Federal Reserve's interest rate trajectory.
In the global market, Bond yields fell on Tuesday after energy prices moved lower in early trade, as investors look ahead to key economic data releases this week, including the latest U.S. inflation print. Furthermore, Oil prices fell on Tuesday after Russia said its diesel exports may exceed volumes announced under a supply deal with the U.S., countering lingering fears over Gulf oil supplies.
Back home, the yields on new 10-year Government Stock were trading 4 basis point lower at 7.34% from its previous close of 7.38% on Monday.
The benchmark five-year interest rates were trading 1 basis point lower at 7.08% from its previous close of 7.09% on Monday.
