Treasury prices erased a decline and the dollar remained under slight pressure on Thursday after the Institute for Supply Management's index on the nonmanufacturing sector of the U.S. economy fell more than some predicted to 53.5 in April.
Treasury prices erased a decline and the dollar remained under slight pressure on Thursday after the Institute for Supply Management's index on the nonmanufacturing sector of the U.S. economy fell more than some predicted to 53.5 in April. Yields on 10-year notes , which move inversely to prices, were little changed at 1.93%, after rising to 1.96% in morning trading. The euro stayed up at $1.3170 from $1.3157 Wednesday. The dollar index , which measures the greenback against a basket of six currencies, slipped to 79.140, compared with 79.151 in late North American trading Wednesday.
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