US Treasury yields mostly lower after Fed speakers

U.S. government debt prices were mostly higher on Friday as investors digested comments from Federal Reserve speakers.

San Francisco Fed President John Williams renewed his call for gradual rate hikes sooner rather than later, arguing that putting off a hike in the federal funds rate could stifle economic growth.

The yield on the benchmark 10-year Treasury note (U.S.:US10Y) was lower, near 1.7375 percent, while the two-year note (U.S.:US2Y) yield rose to 0.8316 percent. The the yield on the 30-year Treasury bond (U.S.:US30Y) was lower, to 2.49 percent.

Earlier on Friady, Federal Reserve Governor Daniel Tarullo said that the central bank may introduce more measures to test the capital of large U.S. banks and to ensure liquidity levels are strong enough to safeguard the financial system.

In oil markets, U.S. West Texas Intermediate (New York Mercantile Exchange: @CL.1) crude futures settled up 22 cents on Friday at $50.85 a barrel.

— Reuters contributed to this report.

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