MW: Treasury yields, dollar up after new-home sales
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar extended gains slightly and Treasury prices stayed down on Wednesday after a report showed the pace of new home sales rose 6.6% to 307,000 in September. The dollar index (DXY 78.01, +0.30, +0.39%) , which measures the U.S. unit against a basket of six major currencies, rose to 77.991, from 77.897 before the data and up from 77.670 in late North American trading on Tuesday. The euro (EURUSD 1.3787, -0.0071, -0.5123%) fell to $1.3790, from $1.3812 earlier and compared to $1.3850 Tuesday. Yields on 10-year notes (UST10Y 2.70, +0.05, +1.93%) , which move inversely to prices, stayed up by 6 basis points at 2.70%.
