MW: Treasurys, dollar pare loss after home-sales data
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices and the dollar pared losses on Wednesday after a report showed U.S. sales of new homes unexpectedly fell in June. The euro EURUSD +0.59% traded at $1.2129, from $1.2135 before the data and $1.2066 in North American trade late Tuesday. The dollar index DXY -0.37% , which tracks the U.S. unit against six major currencies, fell to 83.739, from 84.009. Yields on 10-year notes 10_YEAR +1.66% , which move inversely to prices, pared a rise to 1 basis point to 1.40%.
