MW: Dollar, Treasurys down after U.S. payrolls report
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar turned down sharply and Treasury prices added slightly to losses on Friday after the U.S. Labor Department said the economy added 192,000 jobs in February, fewer than analysts expected and a bounceback from a revised but still weather-hindered 58,000 gain in January. The dollar index (DXY 76.45, -0.04, -0.05%) , which measures the U.S. unit against six major currencies, fell to 76.432 from 76.525 before the report and from 76.473 late Thursday. The euro (EURUSD 1.3972, +0.0005, +0.0358%) rose to $1.3984, from $1.3963 earlier and in late North American trading on Thursday. Against the Japanese yen, the dollar (USDYEN 82.5400, +0.1300, +0.1578%) pared gains to ¥82.64, compared with ¥82.38 Thursday. Yields on 10-year notes (UST10Y 3.58, +0.02, +0.62%) , which move inversely to prices, rose 1 basis point to 3.57%. Still to come, the Federal Reserve will buyback inflation-indexed Treasury debt maturing from 2013 through 2041.
