By Deborah Levine
CUR_EURUSD UST10Y
NEW YORK (MarketWatch) -- Treasury prices extended small gains and the dollar pared an earlier decline on Friday after a report showed U.S. consumer spending was flat in April, while incomes rose 0.4%. The euro (CUR_EURUSD 1.2347, -0.0015, -0.1213%) bought $1.2358, from $1.2356 in North American trading late Thursday. The dollar index [s; $dxy], which tracks the U.S. unit against a basket of six major currencies, traded at 86.311, compared to 86.305 late Thursday. Still to come is a report on consumer sentiment, though analysts expect trading to thin notably as the three-day weekend approaches and bond markets close early. Yields on 10-year notes (UST10Y 3.33, -0.02, -0.66%) , which move inversely to prices, fell 5 basis points to 3.31%.
