MW: Dollar recovers, Treasurys up after confidence
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices rose more, pushing yields down, and the U.S. dollar pared its decline on Friday after a report showed an index of consumer confidence fell much more than expected this month. The dollar index DXY -0.08% , which measures the performance of the greenback against a basket of six major currencies, fell to 74.493, compared to 74.618 in late North American trade on Thursday. The euro EURUSD -.00% rose to $1.4260, versus $1.4226 Thursday. Yields on 10-year notes 10_YEAR -3.71% , which move inversely to prices, fell 8 basis points to 2.27%.
