U.S. Treasury yields mixed as investors weigh the state of the U.S. economy

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U.S. Treasury yields were mixed on Friday as investors monitored the economic outlook and geopolitical concerns.

The benchmark 10-year Treasury yield rose 1 basis point to 4.172% at around 4:42 a.m. ET. The yield on the 2-year Treasury advanced was marginally lower at 3.561%. Meanwhile, the 30-year Treasury yield was nearly 2 basis points higher at 4.805%.

One basis point is equal to 0.01%, and yields and prices move in opposite directions.

Investors have been concerned about geopolitical uncertainty through the week, with U.S. President Donald Trump insistent on taking ownership of Greenland — a self-governing Danish territory — saying its critical to U.S. national security.

U.S. Treasury yields mixed as investors weigh the state of the U.S. economy

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