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U.S. Treasury prices mostly higher as bond investors eye data

CNBC.com staff
Scott Olson | Getty Images. The bond market is stomping out all optimism about the Republican pro-growth agenda and is preparing for a drawn-out drama surrounding President Trump.

U.S. government debt prices were mostly higher on Friday morning as investors eyed several pieces of data.

The yield on the benchmark 10-year Treasury note (U.S.:US10Y) was lower at 2.50 percent, while the yield on the 30-year Treasury bond was lower, at 3.114 percent. Bond yields move inversely to prices.


On the data front, February industrial production was unchanged for the month. Capacity utilization moved 0.1 percent lower to 75.4 percent.

The University of Michigan's Consumer Sentiment Index beat expectations and hit 97.6 in March, the university said.The index was expected by economists to come in at 97 for the month, according to a consensus estimate from Thomson Reuters. The consumer index was 96.3 in February.

In oil markets, Brent crude traded at around $51.79 a barrel on Friday morning, up 0.10 percent, while U.S. crude was around $48.79 a barrel, up 0.08 percent.



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