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At 9:05 a.m. (0335 GMT), the benchmark 10-year bond yield was up 3 basis points at 8.17 percent.
Traders, however, said they do not expect a further sharp rise in yields due to the fall in global crude.
The 10-year paper is seen in a 8.14 to 8.18 percent range during the day.
Oil prices fell to four-year lows on Thursday as it appeared unlikely producer club OPEC would decide to cut output in support of prices at a meeting this week, and as increasing Chinese and US stocks boosted available supplies.