U.S. government-bond prices were little changed after strong consumer-sentiment data helped blunt concerns about trade tensions.

U.S. government-bond prices were little changed Friday after strong consumer-sentiment data helped blunt concerns about ongoing trade tensions.

In recent trading, the yield on the benchmark 10-year U.S. Treasury note was 2.402%, according to Tradeweb, compared with 2.407% Thursday.

Yields, which fall when bond prices rise, drifted lower overnight...