MW: Treasurys up, dollar pares loss after home sales
By Deborah Levine
NEW YORK (MarketWatch) -- The U.S. dollar pared losses and Treasury prices held onto gains on Monday after a report showed existing sales of U.S. home rose to a 4.53 million pace in September. Yields on 10-year notes (UST10Y 2.50, -0.06, -2.30%) , which move inversely to prices, fell 6 basis points to 2.50%. The dollar index (DXY 76.97, -0.50, -0.64%) , a measure of the U.S. unit against a basket of six major global currencies, traded at 76.971, compares to 76.858 before the data but down from 77.469 in late North American trading on Friday. The euro (EURUSD 1.4008, +0.0053, +0.3798%) bought $1.4005, up from $1.3934 late Friday.
