Benchmark 10-year note yields were below 2% for the sixth day in a row.

The 10-year yield rose one basis point, or 0.01 percentage point, to 1.92% on Friday.

"We’re going to be tied to headlines coming out of Europe," said Thomas di Galoma, a managing director at Navigate Advisors. "There have been some positive comments out of both the E.U. and out of the Cyprus government. There have also been positive comments out of Russia."