Tether's $33 billion in US Treasury bonds may position it as a key stablecoin partner for the US, but regulatory challenges remain.

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,

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.