(Refiles to make clear direction of euro trading in New York in fourth paragraph)
* Wall Street edges up following consumer confidence data
* Euro tempers gains on Greece's soft bond deal
* US Treasuries under pressure on higher equities
By Jennifer Ablan and Natsuko Waki
NEW YORK/LONDON, March 30 (Reuters) - U.S. stocks opened higher Tuesday following data that showed American consumers were feeling more confident, but concerns over Greece's funding strategy tempered gains in the euro.
Greece's sale of 5 billion euros of seven-year bonds on Monday attracted around 7 billion euros of bids, but that compares with more than 16 billion euros bid for a 5 billion euro 10-year issue earlier in the month. [ID:nLDE62S0SD]
"The market is not really happy with the demand seen in yesterday's syndication," said David Schnautz, interest rate strategist at Commerzbank in Frankfurt.
At 10:30 a.m. (1430 GMT), the dollar was up against a
basket of major trading-partner currencies, with the U.S.
Dollar Index <.DXY> up 0.06 percent at 81.406 from a previous
session close of 81.358. The euro
For their part, U.S. benchmark indexes were up at open on positive consumer confidence data.
The Dow Jones industrial average <.DJI> was up 18.66 points, or 0.17 percent, at 10,914.52, while the Standard & Poor's 500 Index <.SPX> was up 1.34 points, or 0.11 percent, at 1,174.56. The Nasdaq Composite Index <.IXIC> was up 3.97 points, or 0.17 percent, at 2,408.33.
Confidence among U.S. consumers climbed in March as Americans perceived employment was starting to improve. The Conference Board's consumer confidence index rose to 52.5, exceeding market expectations, from 46.4 in February. Another report showed home prices rose in January.
EQUITIES FLAVOR OF THE MONTH
Not coincidentally, U.S. Treasury debt prices were lower on stronger equities.
The benchmark 10-year U.S. Treasury note
At the longer end of the yield curve, the 30-year U.S.
Treasury bond
Conversely, MSCI world equity index <.MIWD00000PUS> rose 0.3 percent to its highest since early January, while the FTSEurofirst 300 index <.FTEU3> rose 0.3 percent and emerging stocks <.MSCIEF> gained 0.5 percent.
In energy and commodities prices, U.S. light sweet crude
oil