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Treasury yields were lower to end the week as investors weighed the state of the U.S. economy and fears eased around trade and geopolitics.

At 6:40 a.m. ET, the 10-year Treasury yield was down 1 basis point at 4.237%, while the 30-year Treasury yield was down 2 basis points to 4.828%. The 2-year Treasury note yield was less than a basis point lower to 3.61%.

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

Investors’ concerns around trade and geopolitical risks have abated at the end of this week after U.S. President Donald Trump called off tariffs against eight European countries on Wednesday. Trump had threatened levies if the countries didn’t support his ambitions to take over Greenland.