The decline in interest rates slowed on Friday, as investors booked profits from a week-long rally in government bonds.

At 4 p.m., the yield on the 30-year Treasury bond was at 6.22%, up 2 basis points from late Thursday. But over the week, the bond lost 12 basis points in yield.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.