Authorities bond yields are falling on considerations concerning the delta variant

US Treasury bond yields fell Friday morning amid ongoing concerns over the delta spread and Fed discussions about tapering bond purchases.

The ten-year benchmark bond yield fell less than one basis point to 1.233% at 4 a.m. ET. The 30-year government bond yield fell 1 basis point, falling to 1.862%. The returns move inversely to the prices.

Treasury bond yields plummeted despite the Federal Reserve’s latest minutes of meetings on Wednesday that showed central bankers planned to cut bond purchases before the end of the year.

In addition, concerns about the spread of the delta variant continued to weigh on sentiment.

No major economic data or bond auctions are scheduled for Friday.