U.S. government debt prices were higher on Friday, building on a global bonds rally, as investors looked to the release of a host of data ahead of the Fourth of July weekend.
The yield on the benchmark 10-year Treasury note sat lower at 1.004 percent, after hitting their lowest level in four years, according to Reuters. The yield on the 30-year Treasury bond was also lower at 2.241 percent after hitting a new all-time low.
Bank of England Governor Mark Carney said late on Thursday the central bank would probably need to pump more stimulus into Britain's economy over the summer after the shock of last week's decision by voters to leave the European Union.
"The move in U.S. Treasuries is a further reaction from international investors to the Bank of England's suggestions for more stimulus," said Mizuho strategist Peter Chatwell.