U.S. Government Bonds Rise as Trump Discusses U.K. Trade

Yields were little changed overnight but began falling as the Labor Department said U.S. import prices were lower than expected in June

Orla McCaffrey

July 13, 2018 11:37 a.m. ET

U.S. government bond prices rose Friday morning after President Donald Trump said he looked forward to finalizing a trade agreement with the U.K. once Brexit is completed.

The yield on the benchmark 10-year Treasury note was recently at 2.834%,according to Tradeweb,compared with 2.853% Thursday.

Yields, which fall as bond prices rise,...