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MW: Dollar edges higher, Treasurys stay up after CPI
 
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar edged up a little more and Treasury prices held onto small gains Wednesday after a report showed consumer-level inflation in the U.S. expectedly slipped 0.1% in October. The euro EURUSD -0.53% fell to $1.3484, from $1.3495 before the report and $1.3528 in North American trade late Tuesday. The dollar index DXY +0.29% , which tracks the dollar against a basket of six major currencies, rose to 78.157, from 78.118 prior to the data and 77.950 late Tuesday. Yields on 10-year notes 10_YEAR -1.37% , which move inversely to prices, fell 3 basis points to 2.03%. "Euro zone debt issues remain a slow-moving train-wreck that keeps rolling on, driving the market off the track and causing them to twitch and turn, even though new information remains sparse," said George Goncalves and Ankit Sahni, bond strategists at Nomura Securities, in a note. "As we wait for a credible resolution (good or bad) from European Union policymakers, U.S. rates will continue to stay captive to EU news flows."
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