Ahead of crucial inflation information, treasury yields remained relatively unchanged.

On Friday, U.S. Treasury yields remained unchanged, and investors awaited the release of crucial inflation data to assess the economy's condition.

At 6:05 a.m. ET, the yield on the was down by less than 1 basis point at 3.789%. The yield had fallen by more than two basis points from its previous high of 3.629%.

An inverse relationship exists between yields and prices, with one basis point equivalent to 0.01%.

On Friday, investors paid close attention to the release of the August personal consumption expenditures price index, which is the Federal Reserve's preferred inflation gauge and could offer insights into the monetary policy outlook.

According to a poll by Dow Jones, economists anticipate a 2.3% increase in headline PCE on an annual basis and a 0.1% increase from the previous month. Additionally, personal income and spending data will be made available alongside the PCE figures.

After the Federal Reserve announced an interest rate cut earlier in the month, investors have been paying more attention to the state of the economy.

The data published on Thursday alleviated concerns about a potential economic downturn and suggested to some investors that the Fed's decision to cut rates was not based on a weak economy.

The second-quarter GDP remained unchanged at 3%, while weekly jobless claims decreased more than expected and durable goods orders for August were also unchanged compared to the forecast decline.