MW: Treasurys, dollar stay down after sentiment data
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices and the dollar stayed under heavy pressure on Friday after the Reuters/University of Michigan consumer sentiment index improved in November. Yields on 10-year notes (UST10Y 2.69, +0.04, +1.62%) , which move inversely to prices, rose 5 basis points to 2.70%. The dollar index (DXY 77.81, -0.41, -0.52%) , which measures the greenback against a basket of six major currencies, slipped to 77.748 from the 78.164 level late Thursday. The euro (EURUSD 1.3749, +0.0088, +0.6441%) jumped to $1.3767, up from $1.3660 in late North American trading Thursday.
