MW:Dollar, Treasury yields rise after retail sales
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar extended gains and Treasury prices lost ground on Tuesday after a report showed U.S. retail sales rose 1.1%. The dollar index DXY +0.36% , which measures the greenback against a basket of six currencies, rose to 80.168, up from 79.869 in late North American trading on Monday. The euro EURUSD -0.50% slipped to $1.3087, down from $1.3153. Yields on 10-year notes 10_YEAR +1.03% , which move inversely to prices, rose 3 basis points to 2.07%, from 2.05% before the data. Later in the session, the Treasury Department will auction 10-year notes and the Federal Reserve will conclude its policy meeting, though analysts expect no major changes to its asset-purchase program or interest-rate outlook.
