TREASURIES-U.S. yields hit session highs as Wall Street gains

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NEW YORK, Oct 19 (Reuters) – U.S. Treasury yields climbed to session peaks on Friday as Wall Street stock prices extended 1/4initial gains, rebounding from losses a day earlier tied to concerns about Italy’s budget and U.S.-Saudi Arabia relations.

At 10:06 a.m. (1446 GMT), benchmark 10-year Treasury yield was 3.203 percent, up nearly 3 basis points from late on Thursday, while the 30-year yield was 3.387 percent, 3 basis points higher on the day. (Reporting by Richard Leong; Editing by Bernadette Baum)