U.S. government debt prices were higher Friday morning as traders monitor the health crisis and the subsequent pace of economic recovery.
It comes after Treasury yields dipped on Thursday after a disappointing initial jobless claims reading. In addition, the pandemic continued to hit the United States hard, with record hospitalizations in Florida and record daily infections in California.
On the data front, producer price index figures are due at 8:30 a.m. ET.
There are no Treasury auctions scheduled Friday.