WASHINGTON -- Treasury security prices were nudged up yesterday by modest gains in the dollar against the Japanese yen and German mark and more short-covering following big losses last week, analysts said.

"Strength in the dollar was a very positive development," said Brian Wesbury, chief economist of Griffin, Kubik, Stephens & Thompson Inc. in Inc. in Chicago.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.