MW: Treasurys, dollar stay higher after Empire index
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices and the dollar remained higher on Monday after the New York Federal Reserve's index on manufacturing dropped to 19.1 this month from 31.9 in April. Yields on 10-year notes (UST10Y 3.46, +0.00, +0.12%) , which move inversely to prices, declined 2 basis points to 3.45%. The euro (CUR_EURUSD 1.2339, -0.0011, -0.0891%) changed hands at $1.2338, down from $1.2375 in North American activity late Friday, after touching the lowest since 2006 earlier in the session. The dollar index (DXY 86.47, +0.37, +0.43%) , which tracks the greenback against a trade-weighted basket of six other major currencies, rose to 86.486 from 86.158 late Friday. Still to come is data on foreign inflows to the U.S. and an index on home builders' confidence.
