Investors follow economic data and Fed speeches

US Treasury yields were mixed Friday as market participants assessed the prospect of major central banks making further rate hikes to curb rising inflation.

The benchmark 10-year Treasury yield last traded marginally lower at 3.067%, while the 30-year Treasury yield rose about 1 basis point to 3.195%. Revenues move inversely to prices.

On the data side, new home sales for May and a final consumer confidence reading for June will be released at 10 a.m. ET.

Elsewhere, Fed speakers are likely to be closely monitored during the session. St. Louis Fed President James Bullard and San Francisco Fed President Mary Daly will make comments about the U.S. economy at various events on Friday.

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