Current Net Yield News Today

Technical factors, including a lack of clear support between the 4.5% and 5.0% levels on 10-year Treasury yields have also made investors more cautious about entering the market.

​​The Fed is "effectively clearing the decks for organic economic data to matter once more, that really puts the onus on economic activity over the course of the next 6 months for so," LeBas added. Benchmark 10-year note yields reached 4.508% earlier on Friday, the highest since November 2007, before falling back to 4.478%.