MW: Treasurys, dollar down after data; gold trims gain
By Laura Mandaro
SAN FRANCISCO (MarketWatch) -- Treasurys held to losses, the dollar index slid and gold lightly pared gains Monday after data on personal income and spending showed a surge in outlays last month. Yields on the 10-year Treasury note 10_YEAR +4.51% were up 4 basis points at 2.24%, in line with levels ahead of the 8:30 a.m. ET government data release. Yields on the 2-year note 2_YEAR +10.20% were flat at 0.19% vs. 0.21% ahead of the release. As prices fall, yields rise. The dollar index DXY -0.13% slid to 73.61. Gold futures lightly pared gains, with the December contract up $20.40 at $1,817.90 an ounce vs. $1,820 ahead of the release. Financial markets are still assessing Fed Chairman Ben Bernanke's remarks from Friday.
