MW: Treasurys, dollar stay down after jobless claims
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices and the dollar stayed under pressure on Thursday after a report said 439,000 Americans filed first-time claims for jobless benefits, up 2,000 from the previous week. The euro (EURUSD 1.3641, +0.0115, +0.8503%) rose to $1.3643 from $1.3521 in late North American trading on Wednesday. The dollar index (DXY 78.51, -0.57, -0.72%) , which measures the greenback against a basket of six major currencies, slipped to 78.530 from 79.099 Wednesday. Yields on 10-year notes (UST10Y 2.92, +0.04, +1.35%) , which move inversely to prices, rose 4 basis points to 2.92%. The dollar and Treasurys were down before the data as it looked more likely that Ireland would accept a bailout. Still to come is more data, the Federal Reserve's bond buyback and the Treasury Department's announcement of how much in debt it plans to sell next week.
