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TREASURIES-U.S. bond prices add gains after block futures buy
December 7, 2016 / 3:45 PM / a year ago

TREASURIES-U.S. bond prices add gains after block futures buy

NEW YORK, Dec 7 (Reuters) - Prices on longer-dated U.S. Treasuries extended their earlier rise on Wednesday following a large block purchase of 10-year Treasury note futures in the wake of disappointing overseas data that pushed foreign yields lower.

Benchmark 10-year Treasury notes were up 12/32 in price to yield 2.351 percent, down 4.5 basis points from late on Tuesday. The 10-year yield retreated further from a near 1-1/2 year peak struck on Dec. 1 at 2.492 percent, according to Reuters data.

Reporting by Richard Leong

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