MW: Dollar pares gains, Treasurys rise more after data
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar pared a rise and Treasurys recouped gains Thursday, pushing yields lower, after Philadelphia Federal Reserve index on manufacturing for June unexpectedly fell into negative territory. The dollar index DXY +0.19% , which measures the performance of the U.S. unit against a basket of six currencies, rose to 75.710, off the high's of the day but still up from 75.630 Wednesday. The euro fell to $1.4142 from $1.4162 in late North American trading Wednesday. Yields on 10-year notes 10_YEAR -0.51% , which move inversely to prices, fell 4 basis points to 2.94% and down from 2.96% before the report.
