MW: Treasurys fall, dollar heads lower after claims
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices fell and the dollar extended losses on Thursday after the Labor Department said initial jobless claims fell more than expected, to 429,000 in the latest week. A separate report showed producer prices fell 0.5% in June, while core prices rose 0.1%. Yields on 10-year notes (UST10Y 3.08, +0.03, +1.08%) , which move inversely to prices, rose 2 basis points to 3.07%. The euro (CUR_EURUSD 1.2853, +0.0114, +0.8950%) rose to $1.2845, up from $1.2743 in North American trade late Wednesday. The dollar index (DXY 82.76, -0.67, -0.80%) , which tracks the U.S. unit against a basket of six major currencies, declined to 82.825, compared to 83.373 late Wednesday.
