The yields on U.S. Treasury bonds have slightly increased, and the market continues to seek direction.

The yield on US Treasury bonds rose, recouping some of the losses from Thursday, with the yield on 10-year US Treasury bonds remaining above 4%. Meanwhile, the US Treasury market continues to seek direction against the backdrop of a government shutdown, which has limited investors' access to data. Padhraic Garvey and Benjamin Schroeder of ING Group said in a report, "The data vacuum makes it difficult to see clearly, as evidenced by conflicting survey data on Wednesday and Thursday." These rate strategists said, "As we approach the end of the week, we seem to be not far from where we started at the beginning of the week, with the 10-year [US Treasury bond yield] not far from 4.1%." According to Tradeweb's data, the yield on 2-year US Treasury bonds rose by 0.6 basis points to 3.569%, while the yield on 10-year US Treasury bonds increased by 0.9 basis points to 4.101%.