MW:Treasurys turn up, dollar pares loss after claims
By Deborah Levine
SAN FRANCISCO (MarketWatch) -- The dollar pared losses against the euro and Treasury prices rose on Thursday after a report showed U.S. first-time jobless claims increased to 372,000 in the latest week. The euro EURUSD +0.1587% traded at $1.2548, from $1.2566 before the data and $1.2535 in North American trade late Wednesday. The ICE dollar index DXY -0.17% , which measures the U.S. unit against a basket of six major currencies, fell to 81.444, off its lows and from 81.475. Yields on 10-year notes 10_YEAR +0.89% , which move inversely to prices, turned down 2 basis points to 1.67%, after trading near flat before the data. Later in the session, the Treasury Department will announce how much in debt it will sell next week, and auction 5-year inflation-indexed debt.
