MW:Treasurys fall, dollar little changed after data
By Deborah Levine
SAN FRANCISCO (MarketWatch) -- Treasury prices dropped and the dollar stayed under slight pressure on Friday after a report showed the U.S. economy added 114,000 jobs last month. The unemployment rate unexpectedly dropped to 7.8% as people found jobs and prior months' figures were revised up. Analysts said any market reaction may be short-lived because one data point is unlikely to sway Federal Reserve officials from their ongoing bond-purchase program. The dollar index DXY -.00% , which measures the U.S. unit against a basket of six major currencies, traded at 79.335, from 79.411 before the report and 79.376 in North American trade late Thursday. The euro EURUSD +0.02% bought $1.3018, from $1.3001 prior to the data and little changed versus $1.3015 Thursday. Yields on 10-year notes 10_YEAR +0.24% , which move inversely to prices, rose 5 basis points to 1.73%, and were little changed before the report.
