Bond yields traded lower on Tuesday as Ministry of Commerce & Industry in its latest data has showed that eight key infrastructure sectors’ output growth slowed to 0.4% (provisional) in March 2026 as compared to 4.5% in the same month of last year (March 2025).

In the global market, U.S. Treasury yields were largely unchanged Monday, despite weekend tensions as Iran reopened and then shut the Strait of Hormuz again, with the ceasefire set to expire Tuesday. Oil prices jumped on Monday amid renewed geopolitical tensions and concerns over supply disruptions after the United States seized an Iranian cargo vessel, raising doubts about the continuation of the current ceasefire, with Iran signaling possible retaliation.

Back home, the yields on new 10 year Government Stock were trading 1 basis point lower at 6.88% from its previous close of 6.89% on Monday.  

The benchmark five-year interest rates were trading 1 basis point higher at 6.58% from its previous close of 6.57% on Monday.