Europe and Asia's industry output fell, according to global assessments. In Asia, Japan's Nikkei index (.N225), opens new tab rose 1.9% to a new record high, extending a 7.9% leap the month before.
After the manufacturing report and Waller's call for shorter-term Treasuries, two-year rates fell significantly, the greatest daily drop since January.
In line with interest rate projections, the 2-year note yield decreased 11.1 basis points to 4.5354% from 4.646% late Thursday.
Benchmark U.S. 10-year notes declined 6.6 basis points to 4.186% from 4.252%, while 30-year bonds lost 4.7 basis points to 4.3285% from 4.375% late Thursday.
The dollar dipped versus the euro on weaker-than-expected U.S. economic statistics but rose against the Japanese yen after Bank of Japan governor Kazuo Ueda suggested inflation was too early to celebrate victory.
The dollar index slipped 0.2% to 103.91, while the euro rose 0.28% to $1.0833. Dollar/yen rose 0.09% to 150.12 yen. After reaching a two-year high of $63,933 on Wednesday, bitcoin climbed 2.36% to $62,898.00.
Oil prices rose and gained weekly as traders awaited an OPEC+ decision on second-quarter supply agreements and U.S., European, and Chinese economic data.
Brent closed at $83.55 and U.S. crude at $79.97, up 2.2%. The lackluster economic statistics helped gold prices rise to a two-month high to start the month.
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