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University of Michigan preliminary sentiment for July 72.6 versus 65.5 estimate

University of Michigan preliminary sentiment for July 72.6 versus 65.5 estimate
Prior month 64.4current conditions at 77.5 versus 70.4 estimate and 69.0 last monthexpectations 69.4 versus 61.8 estimate and 61.5 last monthone year inflation it rises to 3.4% from 3.3% last month5 year inflation expectations rises to 3.1% from 3.0% last monthThe knee-jerk reaction is for yields to move a bit higher with the 2 year now up 11 basis points. The 10 year yield is up 5.4 basis points. Both are trading near highs for the day.The US dollar has moved modestly to the upside.In the US st... Read More
Posted: Jul 14 2023, 14:00
Author Name: forexlive
Views: 111698

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