Treasurys edge down after factory report

Ten-year benchmark yields 4.64 percent after new orders jump a surprising 3.1 percent.


NEW YORK (CNNMoney.com) -- Bonds edged down slightly Wednesday after the release of a better-than-expected report on new orders at factories.

The dollar rose against the euro and the yen.

ECONOMY

The benchmark 10-year note fell 1/32, or 31 cents on a $1,000 note, to yield 4.64 percent, unchanged from late Tuesday.

The 30-year bond was unchanged, yielding 4.82 percent, down slightly from 4.83 the previous session. Bond yields and prices move in opposite directions.

The five-year note fell 1/32 to yield 4.55 percent, while the two-year note was unchanged, yielding 4.65 percent.

New orders at factories jumped a surprising 3.1 percent in March on an increase in civilian aircraft orders but were also greater for the first time since December when transportation orders were excluded, according to a Commerce Department report.

Analysts surveyed by Briefing.com had forecast an increase to 2.1 percent. February orders were revised to show a 1.4 percent gain.

The euro bought $1.3593, down from $1.3595 late Tuesday. The dollar tumbled to an all-time low against the euro Friday, reaching $1.3682 after a weak reading on U.S. economic growth.

The dollar also rose against the yen. The greenback bought ¥120.07, up from ¥119.79 the previous session.  Top of page

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.