MW: Dollar pares gains, Treasurys stay up after data
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar pared gains slightly and Treasury prices held onto an advance on Tuesday after a report showed U.S. factory orders rose a little less than expected in May, following an upwardly-revised April figure. "Given that the market's already seen the durable goods release, much of this is 'old news' and the market is doing very little with the release," said bond strategists at CRT Capital Group. Yields on 10-year notes 10_YEAR -1.16% , which move inversely to prices, declined 4 basis points to 3.15%. The dollar index DXY +0.30% , which measures the performance of the greenback against six currencies, rose 0.2% to 74.404. The euro EURUSD -0.40% fell 0.4% to $1.4489.
