MW: Treasurys, dollar down after claims, EU reports
By Deborah Levine
NEW YORK (MarketWatch) -- The Euro remained higher against the dollar and Treasury prices pared losses slightly Thursday after a report showed U.S. jobless claims rose in the latest week. Just before the data, the dollar turned lower and Treasury prices fell, pushing yields up, following media reports about a draft plan for the European Union to provide more support to Greece. The dollar index DXY -0.34% , which tracks the U.S. unit's performance against a basket of six other currencies, fell to 74.527, from 74.595 before the economic data and from 74.788 late Wednesday. The euro EURUSD +0.50% rose to $1.4283 from $1.4258 and compared to $1.4230 in late North American trading on Wednesday. Yields on 10-year notes 10_YEAR +1.26% , which move inversely to prices, rose 3 basis points to 2.96%. Still to come is a U.S. regional manufacturing report, an announcement of how much in debt the government will auction next week and the Treasury's sale of $13 billion in 10-year inflation-linked debt.
