Mumbai, Dec. 8 -- Treasuries extended the downward move seen in the previous session. As a result, the yield on the benchmark ten-year note which moves opposite of its price, rose 3.1 bps to 4.13%.

U.S. Treasury yields rose on Friday as investors heard that the inflation measure most closely watched by the Federal Reserve was lower than expected in September, the most recent available because of the long government shutdown in October and November.

Ahead of the central bank's last policy meeting of the year next week, the 10-year Treasury yield gained just under 3 bps to 4.13%. The the 30-year bond yield also added more than 2 bps to 4.791%, while the 2-year Treasury yield rose more than 3 bps to 3.56%.

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