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US Treasurys higher amid stocks fall, oil

Bond traders at CME Group
Getty Images

U.S. government debt prices rose on Friday morning as investors continued to buy safe-haven treasury bonds amid a slide for stocks and following the Federal Reserve's decision to raise rates for the first time in nine years.

The yield on the benchmark 10-year Treasury note fell to 2.1846 percent, after closing at 2.238 percent. The yield on the 30-year Treasury bond was also lower at 2.9042 percent after closing at 2.936 percent.

In oil markets, Brent crude traded at $36.72 a barrel on Friday, 0.9 percent lower, while U.S. crude was at $34.48 a barrel, down 1.3 percent.

Symbol
Yield
 
Change
%Change
US 3-MO
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US 1-YR
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US 2-YR
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US 5-YR
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US 10-YR
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US 30-YR
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On the data front, the Markit Services PMI came in at 53.7.

Today is also the final quadruple witching Friday of the year.

Quadruple "witching" expiration is the quarterly expiration of stock and index options and stock and index futures — all this means that stocks could trade with both high volatility and volume on Friday.

— CNBC's Patti Domm contributed to this report