MW: Treasurys, dollar up after jobless claims, PPI
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar stayed higher while Treasury prices gave up modest gains on Thursday after a pair of reports showed U.S. jobless claims fell to 456,000 in the latest week and wholesale prices rose 0.7% last month. Economists surveyed by MarketWatch expected claims to decline to 452,000 and the producer-price index to rise 0.3%. Core prices increased 0.1%, as forecast. Yields on 2-year notes (UST2YR 0.99, -0.02, -1.59%) , which move inversely to prices, were little changed at 1%, after being lower earlier. The euro (CUR_EURUSD 1.3330, -0.0058, -0.4332%) fell to $1.3330, from $1.3395 late Wednesday. The dollar index (DXY 81.36, +0.20, +0.25%) , which measures the U.S. unit against a basket of six other currencies, rose to 81.477, from 81.202 late Wednesday.
