MW: Dollar edges lower, Treasurys pare loss after data
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices pared a loss and the dollar fell a little further on Tuesday after a report said U.S. retail sales rose 0.3% last month, less than analysts expected. Excluding autos, sales rose 0.3%. A separate report showed manufacturing in the New York region improved this month. The dollar index (DXY 78.49, -0.12, -0.15%) , which measures the greenback against a basket of six currencies, fell to 78.447, from 78.509 before the data and 78.602 in late North American action on Monday. The euro (EURUSD 1.3506, +0.0019, +0.1409%) rose to $1.3521, from $1.3507 earlier and $1.3484 Monday. Yields on 10-year notes (UST10Y 3.66, +0.03, +0.94%) , which move inversely to prices, rose 1 basis points to 3.64%, after trading near 3.67% prior to the reports.
