MW: Dollar pares gains, Treasurys stay up after ADP
By Deborah Levine
NEW YORK (MarketWatch) -- The dollar pared gains and long-term Treasury prices briefly gave up an advance on Wednesday after a private report showed U.S. employers added 187,000 jobs last month, a little more than some analysts predicted. Yields on 10-year notes (UST10Y 3.42, -0.02, -0.58%) , which move inversely to prices, fell 3 basis points to 3.42%. The dollar index (DXY 77.09, +0.02, +0.03%) , which tracks the greenback against a basket of six other currencies, rose to 77.061 from 76.008 late Tuesday. The euro (EURUSD 1.3799, -0.0028, -0.2025%) slipped to $1.3813, down from $1.3835 in late North American trading Tuesday. Still to come is a bond buyback by the Federal Reserve and the Treasury Department's announcement of how much in debt it will sell next week.
