Bond yields fell early Friday as the market continued to absorb the Fed’s perceived dovish tilt and investors bought sovereign debt as stocks weakened. Benchmark Treasury yields nudged down, trading just above the lowest levels in more than a week, as early signs of weakness in global stock markets encouraged the buying of sovereign bonds.

Treasury yields edged slightly higher, after falling this week, with the rally in Treasurys suggesting that markets had taken note of the slowing growth narrative.

U.S. Treasury yields dipped on Thursday as investors weighed the state of the U.S. economy after the Federal Reserve held interest rates steady the prior day.