Treasuries rise on unfavourable economic data

U.S. Treasuries advanced on Friday and were set to record their fourth weekly gain, the longest streak since last April, after a report showed that jobless claim in the country rose and manufacturing output rose less than forecast last month. The benchmark 10-year government bonds yields traded at 2.77% by 8:12 a.m. in London following a drop to 2.76% yesterday.