US Treasurys edge higher ahead of President's Day holiday

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U.S. government debt prices were higher on Friday morning as investors eyed the release of leading index at 10:00 a.m. ET, ahead of the Presidents' Day long weekend.

The yield on the benchmark 10-year Treasury note (U.S.:US10Y) was lower at around 2.4164 percent, while the yield on the 30-year Treasury bond was also lower at 3.0223 percent. Yields move inversely to prices.

In oil markets, Brent crude traded at around $55.49 a barrel on Friday morning, down 0.29 percent, while U.S. crude was around $53.22 a barrel, down 0.26 percent.

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