Treasuries experienced notable pressure as bond prices fell, with the yield on the ten-year note rising to 4.104 percent. This increase followed the Federal Reserve’s decision to lower interest rates by a quarter point, with officials projecting two more rate cuts this year. Jobless claims also decreased to 231,000, easing concerns about the labor market. With the U.S. economic calendar relatively quiet on Friday, trading activity may be light.

Read more at Nasdaq: Treasuries See Further Downside As Jobless Claims Pull Back More Than Expected