U.S. government debt prices were higher on Friday morning, as market participants awaited a fresh batch of economic data.
At around 4:20 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 2.5297 percent, while the yield on the 30-year Treasury bond was also lower at 2.9627 percent.
On the data front, manufacturing and services PMI data for March is due at around 9:45 a.m. ET. Wholesale trade figures for January and existing home sales for February will be released shortly afterwards, with the latest monthly federal budget data due at 2 p.m. ET.Elsewhere, oil prices edged higher amid ongoing OPEC-led supply cuts and U.S. sanctions on Iran and Venezuela.
International benchmark Brent crude traded at around $67.92 on Friday, up around 0.1 percent, while U.S. West Texas Intermediate stood at around $60.04, nearly 0.1 percent higher.
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