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Treasury yields were lower on Friday as investors look for clues on the shape of the U.S. economy and the direction of monetary policy.

The yield on the benchmark 10-year Treasury

fell over 2 basis points by 3:20 a.m. ET to trade at 4.075%. Yields across the maturity curve ticked lower, with the 5-year Treasury

yield shedding 3 basis points while the longer-term 30-year Treasury