U.S. government debt prices rose slightly on Friday as investors digested fresh economic data ahead of a likely U.S. interest rate hike next week.
The yield on the benchmark 10-year Treasury notes, which moves inversely to price, was lower at around 2.58 percent, while the yield on the 30-year Treasury bond was also lower at 3.165 percent.
The U.S. economy added 235,000 jobs last month, according to the Bureau of Labor Statistics. The U.S. unemployment ticked lower to 4.7 percent. Economists polled by Reuters expected the economy to have added 190,000 jobs last month.
Wage growth of 2.8 percent, however, disappointed some investors.
"The wage number released today was not really a blowout number but still a very decent one. Only if the number was extremely vile, then the Fed was going to stop their interest rate hike, but now it looks like that we are going to see a rate hike next week," said Naeem Aslam, chief market analyst at Think Markets, in a note.
Yields had traded higher ahead of the report.
The CME Group's FedWatch tool projected a more than 90 percent probability of a U.S. interest rate hike in March. The Federal Open Market Committee are due to meet on March 14-15.
In oil markets, prices gave up initial gains on Friday amid pressures concerning global oversupply.
Brent crude traded at around $51.36 a barrel on Friday, down 1.59 percent, while U.S. crude was around $48.45 a barrel, down 1.68 percent.