The iShares Core U.S. Aggregate Bond ETF, which tracks the U.S. investment-grade bond market, was down 0.3%, according to FactSet data, at last check. Among Treasury bond funds, the Vanguard Long-Term Treasury ETF was falling 0.5%, while the iShares 3-7 Year Treasury bond, which targets intermediate-term U.S. Treasury bonds, was down 0.2%.

U.S. stocks are rising toward records Friday as big banks rally on a rush of reassuring profit reports.The S&P 500 was 0.5% higher in afternoon trading and on track to top its all-time high set earlier this week.

Financial powerhouses including JPMorgan, Wells Fargo and BlackRock reported strong earnings on Friday, sending shares soaring and Wall Street into new record territory. U.S.: Tesla keeps Nasdaq in check while Dow and S&P set records The S&P 500 set another new record,