U.S. government debt prices were higher on Friday as investors fretted over France's presidential election ahead of the Presidents' Day long weekend.
The yield on the benchmark 10-year Treasury note was lower at around 2.425 percent, while the yield on the 30-year Treasury bond was also lower at 3.029 percent. Yields move inversely to prices.
Socialist Benoit Hamon and hard-left candidate Jean-Luc Melenchon held talks Friday about possibly joining forces to beat far-right candidate Marine Le Pen. Opinion polls put combined support for the two men at levels which, if combined, could potentially be enough to reach the May 7 runoff election between the two top-scoring candidates.
French bond yields ticked higher on the news, pushing the spread between 10-year French sovereigns and German bunds above 70 basis points.