Ten-year benchmark Treasury notes fell on Friday as concern over volatile credit markets sending stock markets higher, increasing investors' appetite for riskier investments.
Safe-haven treasuries ended their nearly two-week rise amid expectations that the Federal Reserve will cut interest rates when it meets next week, lowering interest rates 0.25 percent to 4.50 percent to ward off a slow economy.
Benchmark 10-year Treasury notes fell 4/32, sending its yield higher by 2 basis points to 4.41 percent from late Thursday. Treasury prices move inversely with yields.
Two-year notes, which are more sensitive to fiscal policy were flat at a 3.77 percent yield compared to late Thursday.