Categories Finance

University of Michigan sentiment preliminary for March 57.9 versus 63.1 estimate

  • Prior month 64.7
  • consumer sentiment 57.9 versus 63.1 estimate
  • current conditions 63.5 versus 65.0 estimate
  • expectations 54.2 versus 64.3 estimate
  • 1 year inflation expectations 4.9% versus 4.3% last month.
  • Five year inflation expectations 3.9% versus 3.5% last month

US stocks have moved lower on the report but remain positive. Yields are higher with the tenure at 4.310%, +3.6 basis points

This article was written by Greg Michalowski at www.forexlive.com.

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