MW: Dollar, Treasurys turn down as commodities gain
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar gave up small gains and Treasury prices turned down Wednesday, pushing yields up from five-month lows, as U.S. stocks recovered some ground and investors reconsidered the need for the relative safe-haven status granted to U.S. bonds and the greenback. Yields on 10-year notes UST10Y +0.84% , which move inversely to prices, rose 1 basis point to 3.14%, after touching the lowest level since early December. The dollar index DXY -0.01% , which measures the greenback against a basket of six global currencies, turned back down to 75.384 versus 75.441 late Tuesday in North America. The euro EURUSD +0.0702% traded at $1.4249, compared to $1.4219 on Tuesday.
