MW: Dollar, Treasurys pare gains after factory data
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices pared a gain and the dollar gave up some of its advance after a report showed U.S. industrial production rose in July by more than analysts predicted. The euro EURUSD -0.31% traded at $1.4401, from as low as $1.4352 before the data, but down compared with $1.4453 in late North American trading on Monday. The dollar index DXY +0.17% , which tracks the performance of the greenback against a basket of six currencies, traded at 74.014 from 73.836. Yields on 10-year notes 10_YEAR -1.25% , which move inversely to prices, fell 2 basis points to 2.30%, after being down 4 basis points prior to the report.
