MW: Treasurys, dollar improve; UMich misses forecasts
By Deborah Levine
NEW YORK (MarketWatch) -- Treasury prices pared a decline and the dollar held small gains on Friday after the final January reading of the Reuters/University of Michigan consumer-sentiment index slipped from December, but by less than analysts had predicted. Yields on 10-year notes (UST10Y 3.40, +0.01, +0.35%) , which moves inversely to prices, rose 1 basis points to 3.40%. The dollar index (DXY 77.92, +0.20, +0.25%) , which tracks the greenback against a basket of six other currencies, traded at 77.843, from 77.786 before the data but still up from 77.707 in late North American action Thursday. The euro (EURUSD 1.3666, -0.0065, -0.4733%) traded at $1.3685, down from $1.3704 earlier and compared with $1.3738 Thursday.
