U.S. government debt yields rose Friday as investor concerns over U.S.-China trade relations, Brexit and other geopolitical issues relaxed.
Traders also looked ahead to next week's Federal Reserve meeting.
The moves come after weak economic data in the previous session, fueling expectations of another interest rate cut by the Federal Reserve.
New orders for U.S.-made capital goods fell more than expected last month, data published Thursday showed. It appeared to indicate that business investment remains soft, as the world struggles with a global manufacturing slowdown and the U.S.-China trade war.
The U.S. central bank has already cut interest rates twice this year and market participants expect another move lower later this month.
At present, market expectations for a quarter-point rate cut on Wednesday are at 93.5%, according to the CME Group's FedWatch tool.