February 10, 2017 / 1:52 PM / 6 months ago

Treasury yields hit session highs after rise in U.S. import prices

Feb 10 (Reuters) - U.S. Treasury yields rose on Friday after the release of higher than expected U.S. monthly import price data that signaled inflation could be moving higher.

The Labor Department reported import prices increased 0.4 percent in January after an upwardly revised 0.5 percent rise in December.

Benchmark 10-year Treasury notes rose to a session high of 2.43 percent after the release of the data. (Reporting by Dion Rabouin)

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