Treasuries moved modestly higher after coming under pressure in the previous session. Subsequently, the yield on the benchmark ten-year note which moves opposite of its price, dipped 1.2 bps to 4.17%.
The 10-year Treasury yield dipped on Friday after the latest jobs report showed a mixed picture of the U.S. labor market.
The yield on the 10-year Treasury was more than 1 basis point lower at 4.16%. The 2-year Treasury note was up more than 4 bps at 3.53% while the 30-year bond yield moved down more than 4 bps to 4.81%.