By Deborah Levine
NEW YORK (MarketWatch) -- The dollar rose and Treasury prices pared their decline on Wednesday after the U.S. Federal Reserve said it would extend its bond-purchase program known as Operation Twist for another $267 billion. The dollar index DXY +0.11% , which measures the dollar against a basket of six currencies, rose to 81.642, from 81.460 before the statement's release and 81.365 in late North American trading Tuesday. The euro EURUSD -0.2447% fell further, to $1.2647 from $1.2698 Tuesday. Yields on 10-year notes 10_YEAR +2.65% , which move inversely to prices, pared a rise slightly to 2 basis points to 1.65%.