U.S. government debt prices fell on Friday, as investors took their cues from the action in European bonds.
The yield on the benchmark 10-year Treasury note rose to trade at 2.338 percent at 12:11 p.m. New York time, while the yield on the 30-year Treasury bond was up at 2.765 percent. Bond yields move inversely to prices.
European bond yields also rose broadly, with the 10-year German bund yield rising to 0.37 percent. French bond yields also rose; the county's 10-year yield traded at 0.7 percent.
European bonds were under pressure on Friday after minutes from the European Central Bank's October meeting showed that rate-setters were divided on when exactly it should end bond purchases.
Some policymakers believe the ECB should stop linking extraordinary stimulus to inflation, which would allow it to end purchases even if consumer prices continue to lag economic growth.