The more liquid five year Treasury bond yield dipped to 11.28/30 percent from the previous day’s 11.32/36 percent while the eight year yield fell sharply to 11.65/75 percent from 11.85/90 percent.
The one year bond yield dipped to 11.00/20 percent from 11.10/25 percent.
The rupee closed flat against the US dollar at 126.05/10.
Meanwhile a Reuters survey showed that the Central Bank was expected to keep monetary policy rates steady today (10), with a possibility of easing in June.
"The central bank is expected to keep key monetary policy rates steady for the fifth straight month on Friday, a Reuters poll showed, and analysts predict at least a quarter percentage point cut in June as both the central bank and the country’s treasury secretary have signaled," the report said.