MW: Dollar, Treasurys gain after weak retail sales
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar gained some traction and Treasury prices extended an advance after a report said U.S. retail sales dropped 1.2% in May, while sales excluding autos fell 1.1%. The dollar index (DXY 87.27, +0.10, +0.12%) , which tracks the U.S. unit against a basket of six major currencies, stood at 87.231, up slightly from 87.080 in late North American trading on Thursday. The euro (CUR_EURUSD 1.2098, -0.0008, -0.0661%) traded at $1.2102, down slightly from $1.2116 Thursday. Yields on 10-year notes (UST10Y 3.30, -0.02, -0.72%) , which move inversely to prices, fell 6 basis points to 3.27%. Still to come is a report on consumer confidence.
