MW: Treasurys, dollar extend decline after home prices
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices briefly fell further and the dollar remained under pressure Tuesday after an index showed U.S. home prices unexpectedly turned up in April for the first time in eight months. Yields on 10-year notes 10_YEAR +0.55% , which move inversely to prices, rose 1 basis point to 2.94%. The dollar index DXY -0.05% , which measures the performance of the U.S. unit against a basket of six currencies, traded at 75.207, better than the 75.188 before the report but down from 75.338 in late North American trading on Monday. The euro EURUSD +0.22% rose to $1.4315 from $1.4275 in Monday.
