MW:Treasurys rise more, dollar down after U.S. data
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices extended gains and the dollar remained under pressure on Thursday after the U.S. Labor Department said first-time weekly jobless claims unexpectedly rose in the latest week, to 383,000. A separate report showed first-quarter growth was revised down to 1.9%. Yields on 10-year notes 10_YEAR -0.68% , which move inversely to prices, fell 2 basis points to 1.61%, after setting a record low. The dollar index DXY -0.22% , which tracks the greenback's performance against a basket of six major currencies, fell to 82.814 from 83.053 Wednesday. The euro EURUSD +0.3452% climbed to $1.2411, versus $1.2373 in North American trade late Wednesday.
