MW:Treasurys decline, dollar recovers after payrolls
By Deborah Levine
10_YEAR DXY EURUSD
NEW YORK (MarketWatch) -- Treasury prices extended declines and the dollar recovered a bit Friday after the U.S. said the economy added 117,000 jobs in July, more than analysts expected. Both bonds and the greenback were down before the data, reversing some of Thursday's massive rally. Yields on 10-year notes 10_YEAR +2.25% , which move inversely to prices, rose 12 basis points to 2.52%, from 2.46% prior to payrolls and after touching 2.34% in Asian trading - its lowest level since October. The dollar index DXY -0.46% , which measures the greenback's performance against a basket of six currencies, recovered to 74.974, from 74.925 before the data and from 75.015 in late North American trading on Thursday. The euro EURUSD +0.49% traded to $1.4168, down compared to $1.4184 prior to the report but still up from $1.4134 Thursday.
