Treasury yields move higher as investors continue to face economic data blackout

U.S. Treasury yields were higher on Friday as investors continued to face an economic data blackout amid the government shutdown.

At 5:12 a.m. ET, the 10-year Treasury

yield was more than 1 basis points higher at 4.108%, while the 2-year note yield also added 1 basis point reaching 3.576%. The 30-year bond yield rose 1 basis point to 4.704%.

One basis point equals 0.01% and yields and prices move in opposite directions.

The nonfarm payrolls report would have been slated to be released on Friday by the Bureau of Labor Statistics, but it is unable to do so for the second month in a row as a result of the government shutdown.

Treasury yields move higher as investors continue to face economic data blackout

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