By Myra P. Saefong
SAN FRANCISCO (MarketWatch) -- Treasury prices and the U.S. dollar modestly pared their gains Thursday after the Philadelphia Federal Reserve said its business-conditions index rose more than expected, to -1.9 September from -7.1 in August. Economists polled by MarketWatch expected a climb to -4.0. Following the data, yields on 10-year notes 10_YEAR -2.02% , which move inversely to prices, were down 4 basis points to 1.74%. They were trading at 1.73% before the data. The dollar index DXY +0.53% , which tracks the U.S. currency against six rivals, traded at 79.568, up from 79.113 late Wednesday in North American trading, but down from around 79.647 before the data. The euro bought $1.2937, versus $1.3051 Wednesday and $1.2925 before the data.
