Treasurys erase loss, dollar turns down after data

Treasury prices erased a decline and the dollar turned down slightly on Thursday after a report showed first-time U.S. jobless claims rose more than expected in the latest week, to 386,000. Separate data said consumer prices dropped in May, but rose 0.2% excluding food and energy - roughly in-line with forecasts. Yields on 10-year notes 10_YEAR +0.25% , which move inversely to prices, erased a rise to trade at 1.60%. The dollar index DXY -0.10% , a measure of the greenback against a basket of six major currencies, turned down to 82.093 from 82.159 prior to the reports and 82.126 on Wednesday. The euro EURUSD +0.18% traded at $1.2572, up from $1.2563 before the data and little changed from $1.2579 in North American trade on Wednesday. Coming up is the U.S. government's sale of 30-year bonds 30_YEAR -0.11% .