MW: Treasurys turn up, dollar stays down after ADP
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices turned higher and the dollar pared a decline against the euro on Wednesday after ADP said U.S. private-sector payrolls rose 13,000, far fewer than economists expected. Yields on 10-year notes (UST10Y 2.98, +0.03, +0.85%) , which move inversely to prices, fell 1 basis point to 2.95%. The euro (CUR_EURUSD 1.2259, +0.0075, +0.6156%) rose to $1.2256, compared to $1.2279 just before the data but still up from $1.2206 in North American trade on Tuesday. The dollar index (DXY 85.89, -0.14, -0.16%) , a measure of the greenback against a trade-weighted basket of six major currencies, fell to 85.853 from 86.053 late Tuesday.
