New Delhi, Aug. 28 -- US Treasury yields were largely flat in Friday's trade ahead of Federal Reserve Chair Kevin Warsh's address at Jackson Hole, with traders looking for greater clarity on his economic outlook and strategy for bringing inflation back to target.

The 30-year Treasury yield edged up 2 basis points to 5.21%, though it remained down 8 basis points for the week. It briefly topped 5.3% last week for the first time since 2007.

Meanwhile, the benchmark 10-year US Treasury yield was up 2 basis points at 4.69%, while the yield on the 2-year Treasury note was less than 1 basis point higher at 4.234%.

Treasury yields also found support from a hotter-than-expected US inflation reading this week, which strengthened expectations for...