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Bond yields trade lower on Monday

09 Nov 2026 Evaluate

Bond yields traded lower on Monday amid decline in crude oil prices after US President Donal Trump indicated that he expects to discuss ‘denuclearisation’ and Iran war with Chinese President Xi Jinping and Russian President Vladimir Putin at next week’s APEC summit. 

In the global market, the 10-year Treasury note yield rose on Friday as traders reacted to a stronger-than-expected October jobs data, which reinforced expectations of another rate hike by the US Federal Reserve in its December policy meeting.

Back home, the yields on new 10-year Government Stock were trading 1 basis point lower at 7.19% from its previous close of 7.20% on Friday.

The benchmark five-year interest rates were trading 1 basis point lower at 6.99% from its previous close of 6.98% on Friday.