NEW YORK Dec 4 U.S. Treasury futures prices
rose on Sunday after Italian voters were seen rejecting a change
to the country's constitution, which was designed to hasten the
Ten-year Treasury note futures prices were up 0.35
percent shortly after electronic trading resumed on Sunday
evening, signaling that nominal Treasury yields might pull back
from 18-month highs reached late last week.
Treasuries fell hard in November on bets that U.S.
President-elect Donald Trump's policies and higher oil prices
would stoke inflation, which erodes bond prices. Last week
10-year yields rose for a fourth straight week, finishing at
around 2.39 percent on Friday.
(Reporting By Jessica Resnick-Ault; Editing by Chris Reese)