US consumer sentiment data coming up

Author: Adam Button | Category: News

U Mich survey due up next

Consumer sentiment has been remarkable in recent readings but the U Mich survey has trailed the consumer confidence report from the Conference Board.

The latest U Mich report is due at the top of the hour and the consensus is for a bump to 100.5 from 100.1. It would need to climb above the March high of 101.4 to mark a new cycle high.

A strong reading might hurt markets on fears of higher rates.

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