MW: Treasurys up, dollar mixed after durable goods
By Deborah Levine
NEW YORK (Marketwatch) -- Treasury prices held onto gains and the dollar lost ground against major currencies on Wednesday after U.S. orders for durable goods rose 0.3% in July, far less than economists expected. Yields on 10-year notes (UST10Y 2.47, -0.03, -1.12%) , which move inversely to prices, fell 4 basis points to 2.45%. The dollar index (DXY 83.29, +0.15, +0.17%) , which measures the greenback against a basket of currencies, rose to 83.345, compared to 83.463 before the data but still up from 83.31 late Tuesday. The euro (EURUSD 1.2644, +0.0016, +0.1267%) traded at $1.2638, up from $1.2624 before the data and versus $1.2617 in late North American trade Tuesday. Still to come is data on new home sales and the Treasury Department's sale of $36 billion in 5-year notes (UST5YR 1.31, -0.01, -0.76%) .
