MW: Treasurys pare loss, dollar down after U.S. data
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices pared a small decline and the dollar remained under pressure on Friday after a report said U.S. durable-goods orders rose 3.8% in November, more than many economists expected. Personal spending rose 0.1% last month, a little less than forecast. The dollar index DXY -0.09% , which tracks the U.S. unit against six other currencies, traded at 79.868, from 79.855 before the data and down from 79.929 in late North American trade Thursday. The euro EURUSD +0.09% traded at $1.3063, compared to from $1.3053 late Thursday. Yields on 10-year notes 10_YEAR +0.72% , which move inversely to prices, rose 1 basis point to 1.97%, after being up 2 basis points earlier. CRT Capital Markets noted that overnight bond trading volumes are at their weakest since last year just after Christmas and about 10% of the recent average volume, which has been falling. Bond markets are expected to close at 2 p.m. Eastern time.
