U Mich February final consumer sentiment 76.8 vs 76.5 expected
Read full post at forexlive.com
Consumer sentiment data from the University of Michigan
- Prior was 79.0
- Prelim was 76.2
- Expectations 70.7 vs 69.8 prelim
- Conditions 86.2 vs 86.2 prelim
- 1 year inflation at 3.3% vs 3.3% prelim
- 5-10 year inflation at 2.7% vs 2.7% prelim
That’s a modest beat on higher expectations but the market isn’t focused on survey data at the moment, it’s focused on bond and yields are ticking higher.