Treasury Futures Rise, Dollar Falls on Weak ADP Jobs Data

Last Updated: The dollar slumped and Treasury futures rose after a fresh report showed signs of a weakening jobs market. The U.S. Dollar Index, which measures the value of the dollar against a basket of foreign currencies, fell 0.3% during Tuesday's trading. Meanwhile, futures prices tracking the 30-year Treasury bond have increased by the same amount. The move follows a weekly employment report from ADP that showed private employers shed an average of 11,250 jobs a week last month. The data contrast ADP's ...