By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices pared losses and the dollar improved on Friday after the Labor Department said the U.S. economy added 290,000 jobs in April, with about 224,000 coming from private companies. Analysts polled by MarketWatch expected a total of 185,000 jobs to be added. The unemployment rates rose to 9.9%, versus expectations for it to stay at 9.7%. Yields on 10-year notes (UST10Y 3.39, -0.15, -4.27%) , which move inversely to prices, rose 5 basis points to 3.45%. Yields had been down 8 basis points before the report. The dollar index (DXY 84.65, -0.24, -0.29%) , a measure of the U.S. unit against a basket of six major currencies, traded at 84.783, compared to 84.623 before the data and 84.778 in late North American trading Thursday. The euro (CUR_EURUSD 1.2716, +0.0086, +0.6810%) pared gains to trade at $1.2690, from $1.2744 before the data but still up on the day after hitting a 14-month low on Thursday.
