U.S. Treasury bonds rose on Friday as fresh signs of tame inflation bolstered investors' confidence that the Federal Reserve isn't in a hurry to raise interest rates.</br></br>In late afternoon trading, the benchmark 10-year note was 7/32 higher, yielding 2.320%. Yields fall as prices rise.</br></br>The yield was little changed compared with 2.314% at the end of last week. It was 3% at the start of the year.</br></br>Long-term inflation expectations fell to the lowest level since 2009, according to the Thomson-Reuters/University of Michigan November consumer sentiment survey released Friday. Meanwhile, a report from the Labor Department showed prices of imported goods fell 1.3% in October, the largest monthly decline in more than two years.</br></br>Inflation chips away investors' fixed returns on bonds over time and is the main threat to long-dated bonds. Low inflation makes bonds more attractive to investors.