MW: Treasurys, dollar extend losses after payrolls
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices turned sharply lower and the dollar extended losses on Friday after the Labor Department said the U.S. economy added 103,000 jobs in September, well above expectations. Private companies added more jobs than economists forecast and the unemployment rate stayed at 9.1%. The dollar index DXY -0.25% ,which tracks the performance of the greenback against a basket of major currencies, fell to 78.315 from 78.482 before the data and versus 78.611 in North American trade late Thursday. The euro EURUSD +0.52% rose to $1.3489, versus $1.3444 prior to the report and compared with $1.3434 Thursday. Yields on 10-year notes 10_YEAR +5.53% , which move inversely to prices, jumped 9 basis points to 2.06%, from 2.02% before the data.
