Trading in secondary markets was muted due to the lack of supply from the primary market and the common sentiment of reserving cash for Tet. As such, the weak demand led yields to rebound moderately 10-30bps after a significant decline of 55-60bps. Nevertheless, the correction of yields could be an opportunity for traders to exploit for short-term profit. We recommend buying for 1-year, 2-year and 3-year bonds and hold for the other terms.