Government bond prices are falling on hopes that Greece will get more help to avoid defaulting on its debt.
German Chancellor Angela Merkel and France's President Nicolas Sarkozy ended a meeting Friday with a pledge to get a deal in place to give Greece more loans. Traders are hoping that will prevent Greece from defaulting on its loans and causing another financial crisis.
That helped stabilized bond markets a day after yields on U.S. government bonds reached their lowest levels in 2011 as worries about Greece deepened.
The price of the 10-year Treasury note fell 6.25 cents for every $100 invested Friday. The rise in price pushed the yield up to 2.94 percent from 2.92 percent late Thursday.