MW:Treasurys edge up, dollar slips after U.S. data
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices edged up and the dollar slipped Friday after a report said U.S. personal spending rose 0.8% in February, more than expected, while income growth came is less than forecast. Yields on 10-year notes 10_YEAR -0.42% , which move inversely to prices, fell 1 basis point to 2.15%, after being flat ahead of the data. The dollar index DXY -0.38% , which measures the greenback against a basket of six other currencies, traded at 78.802, from 78.835 before the report and 79.176 in late North American trading on Thursday. The euro s[: eurusd] fell to $1.3364 from $1.3294. The British pound GBPUSD +0.4664% topped $1.60 for the first time since November, and lately traded at $1.6034, up from $1.5940 Thursday. Still to come is a U.S. report on consumer confidence.
