MW: Treasurys pare gains, dollar up more after ADP
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices pared gains and the dollar extended its advance on Thursday after payroll-firm ADP said the U.S. private sector added 176,000 jobs in June, more than many analysts expected. Yields on 10-year notes 10_YEAR -0.67% , which move inversely to prices, slipped 2 basis points to 1.61%, after being down 4 basis points before the data. The dollar index DXY +0.61% , which measures the greenback against a basket of six currencies, rose to 82.705, from 82.506 before the report and 82.132 in late North American trading on Wednesday. The euro EURUSD -1.0065% fell to $1.2406, down from $1.2534 the previous day.
