MW: Treasury yields, dollar up after new home sales
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar and Treasury yields remained higher Wednesday after data showing new-home sales in the U.S. jumped 14.8% in April to a 504,000 pace, stronger than analyst expected. The dollar index (DXY 86.97, +0.19, +0.22%) , which tracks the U.S. unit against a basket of six major currencies, rose to 86.865, from 86.799 in late North American trading on Tuesday. The euro (CUR_EURUSD 1.2245, -0.0127, -1.0265%) fell to $1.2268, from $1.2308 late Tuesday. Yields on 10-year notes (UST10Y 3.25, +0.09, +2.82%) , which move inversely to prices, rose 8 basis points to 3.24%.
