NEW YORK (MarketWatch) -- Treasury prices and the dollar remained under pressure on Thursday after the U.S. Labor Department said initial jobless claims fell by 3,000 to 456,000 in the latest week. Yields on 10-year notes (UST10Y 3.21, +0.03, +1.04%) , which move inversely to prices, rose 5 basis points to 3.23%. The dollar index (DXY 87.46, -0.44, -0.50%) , which tracks the U.S. unit against a basket of six major currencies, fell to 87.425, from 87.911 in North American trade late Wednesday. The euro (CUR_EURUSD 1.2051, +0.0071, +0.5927%) traded at $1.2056, up from $1.1982 on Wednesday. Also starting when the data came out was European Central Bank President Jean-Claude Trichet's monthly news conference. Bond traders will also watch for demand at the government's sale of 30-year bonds (UST30Y 4.14, +0.03, +0.68%) later in the session.

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