US Treasurys edge higher as traders eye data

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 broadly higher on Friday morning as investors continued to digest the Federal Reserve's decision to raise interest rates.

The yield on the benchmark 10-year Treasury note was higher at around 2.582 percent, while the yield on the 30-year Treasury bond was also lower at 3.144 percent. Yields move inversely to prices. This comes after a sharp rise for bond yields in recent sessions.


Thursday morning saw the gap between U.S. and German 10-year bond yields reach its widest since at least 1990.

On the data front, Friday will see housing starts and building permits released at 8:30 a.m. ET.