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US Treasurys mixed ahead of Fed's Williams

Traders in the 10-year bond options pit at the Chicago Board of Trade signal orders.
Frank Polich | Reuters

U.S. government debt prices were mostly higher on Friday as investors digested comments from Federal Reserve speakers.

San Francisco Fed President John Williams renewed his call for gradual rate hikes sooner rather than later, arguing that putting off a hike in the federal funds rate could stifle economic growth.

The yield on the benchmark 10-year Treasury note was lower, near 1.7375 percent, while the yield rose to 0.8316 percent. The the yield on the 30-year Treasury bond was lower, to 2.49 percent.

U.S. Markets Overview: Treasurys chart

Earlier on Friady, Federal Reserve Governor Daniel Tarullo said that the central bank may introduce more measures to test the capital of large U.S. banks and to ensure liquidity levels are strong enough to safeguard the financial system.

In oil markets, U.S. West Texas Intermediate crude futures settled up 22 cents on Friday at $50.85 a barrel.

— Reuters contributed to this report.