Free Trial

Post UofM Sentiment/Inflation Expectation React

US TSYS
Fast two-way as Treasury futures rebound (TYH4 111-03.5( after the UofM data comes out much higher than expected, but are quickly slip back near lows (TYH4 110-30.5)
    • U. of Mich. Sentiment (78.8 vs. 70.1 est, 69.7 prior)
    • Expectations (75.9 vs. 67.0 est, 67.4 prior)
    • Current Conditions (83.3 vs. 73.0 est, 73.3 prior)
  • Inflation expectation dip slightly:
    • 1 Yr Inflation (2.9% vs. 3.1% est, 3.1% prior)
    • 5-10 Yr Inflation (2.8% vs. 3.0% est, 2.9% prior)
    • Meanwhile, Existing Home Sales lower than expected (3.78M vs. 3.83M est), MoM (-1.0% vs. 0.3% est, 0.8% prior).

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.