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MW: Dollar pares loss, Treasurys down after data
 
By Deborah Levine

NEW YORK (MarketWatch) -- The dollar pared its decline and Treasury prices fell a little more Monday after a report showed U.S. consumer spending was flat in May, while economists expected a small increase. Incomes rose 0.3%. The euro EURUSD -0.16% rose to $1.4201, down from $1.4220 before the data but up on the day versus $1.4165 in late North American trading on Friday. The dollar index DXY +0.04% , which measures the performance of the U.S. unit against a basket of six currencies, fell to 75.633, from 75.542 from 75.695 Friday. Yields on 10-year notes 10_YEAR -0.38% , which move inversely to prices, rose 2 basis points to 2.88%. Still to come is the government's auction of 2-year notes 2_YEAR +5.92% and one of the Federal Reserve's last bond purchases as part of its second round of quantitative easing.
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