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US Treasury yields fall as trade tensions resurface

U.S. government debt prices rose on the final trading day of the week, as investors weighed an announcement by the Trump administration to possibly implement a 25 percent tariff on up to $50 billion in Chinese imports. The yield on the benchmark 10-year Treasury note was lower at around 2.91 percent at 8:40 a.m. ET, while the yield on the 30-year Treasury bond slipped to 3.029 percent. In a statement Friday, President Donald Trump said the measures would affect Chinese goods "that contain industrially significant technologies," without specifying those products.