By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices and the dollar slightly pared losses on Wednesday after ADP said private employers in the U.S unexpectedly cut 10,000 jobs in August. Yields on 10-year notes (UST10Y 2.51, +0.04, +1.74%) , which move inversely to prices, rose 2 basis points to 2.49%. The dollar index (DXY 82.54, -0.67, -0.80%) , a measure of the U.S. unit against a basket of currencies, fell to 82.525, down from 83.097 Tuesday. The euro (EURUSD 1.2792, +0.0107, +0.8435%) rose to $1.2783, after being above $1.28 earlier and from $1.2679 late Tuesday. Treasurys and the dollar were under pressure before the ADP data as strong data out of China and Australia boosted investors' appetite for riskier assets, including stocks. Still to come is the Institute for Supply Management's report on manufacturing and the Federal Reserve's buyback of bonds maturing between 2012 and 2013.
