Yields and basis point (bp) movements of some of the most-watched 10-year bonds this afternoon:

UK: 1.86% (-5.3bp)
US: 1.76% (-6.1bp)
Germany: 1.54% (-4.6bp)
France: 2.245% (-1.9bp)
Spain: 5.596% (-2.1bp)
Italy: 4.898% (+4.2bp)
Greece: 17.225% (+12.7bp)

[There are 100 basis points to a percentage point]

US Treasuries gained on Friday afternoon after economic growth figures beat expectations in the third quarter, prompting a sharp drop in bond yields Stateside.

Third-quarter gross domestic product (GDP) grew at an annualised rate of 2%, better than the previous quarter's reading of a 1.3% increase, according to the US Bureau of Economic Analysis.

The figure topped the market consensus estimate of a 1.9% expansion.

"The improved growth, while still not being good enough for a country like the US, was much better than the previous quarter and came just at the right time for the Democrats with the presidential election just around the corner," said analyst Craig Erlam from Alpari.

Meanwhile, bond yields in Athens surged today on uncertainty as leaders patch together a deal to present to the Troika, who will decide whether to release the next tranche of the Greek bailout.

According to media reports, Eurozone finance ministers (Eurogroup) are to hold a conference on Wednesday October 31st to discuss Greece and the next €35bn round of aid.

The International Monetary Fund (IMF) believes that Greece will surely miss its 2020 debt target which, according to the bailout agreement, was set to be 120%, according to an IMF preliminary report presented to the Eurogroup Working Group (EWG) and obtained by Reuters.

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