The yield on the benchmark 10-year Treasury note rose to 4.1211% compared with its U.S. close of 4.111% on Thursday, while the two-year yield , which rises with traders' expectations of a higher Fed funds rate, reached 3.593%, compared with a U.S. close of 3.589%.
The greenback found little reprieve from higher bond yields, however, with the U.S. dollar index sliding 0.1% to 99.13, nearing its lowest point of the month.
Asian markets fell after Wall Street stocks snapped a four-day winning streak on Thursday, pushing MSCI's broadest index of Asia-Pacific shares excluding Japan down 1.5% on Friday.
Dip-buying during Asian trading hours had petered out by the afternoon, with S&P 500 e-mini futures paring gains to last trade down 0.1%.
In early European trading, Euro Stoxx 50 futures were down 0.4%, German DAX futures rose 0.1% and FTSE futures slid 0.5%.
Sterling was last down 0.4% at $1.3145 after the Financial Times, citing officials briefed on the decision, reported that British Prime Minister Keir Starmer and Chancellor of the Exchequer Rachel Reeves have abandoned plans to raise income tax rates, changing course just weeks before the November 26 release of the government's budget.
Oil prices rose after a Ukrainian drone attack damaged a Russian oil depot, sending Brent crude prices up 1.5% to $63.96.
