MW:Dollar falls more, Treasurys stay up after data
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar extended a decline and Treasury prices stayed up on Tuesday after a report showed U.S. personal spending unexpectedly declined in June, raising speculation that the Federal Reserve will ease monetary policy to support growth. Yields on 10-year notes 10_YEAR -1.86% , which move inversely to prices, fell 3 basis points to 1.47%. The dollar index DXY -0.15% , which measures the greenback against a basket of six currencies, traded at 82.705, down from 82.829 in late North American trading on Monday. The euro EURUSD +0.2938% traded at $1.2294, from $1.2290 before the data and up from $1.2256 Monday.
