MW: Treasurys, dollar rise more as confidence falls
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices and the dollar added to gains on Tuesday after the Conference Board's consumer confidence index plummeted to 52.9 in June - the lowest level since March -- from a downwardly revised 62.7 in May. Yields on 10-year notes (UST10Y 2.98, -0.05, -1.49%) , which move inversely to prices, fell 5 basis points to 2.97%, having touched the lowest since April 2009. The euro [c: cur_eurusd] fell to $1.2161, down from $1.2292 in North American trade late Monday. The dollar index (DXY 86.24, +0.58, +0.68%) , which tracks the U.S. unit against six major counterparts, rose to 86.251, up from 85.620.
