Treasuries rise amid U.S. consumer confidence data on Friday

U.S. Treasuries increased on Friday pushing benchmark 10-year yields below 2% for the first time in a six-day period after a report showed a surprising decrease in gauge of U.S. consumer confidence suggesting that the strength of economic recovery might be overrated. U.S. benchmark 10-year Treasury yields dropped 0.04 percentage point to 1.99% at 10:38 a.m. in New York.