University of Michigan’s final consumer sentiment reading for June is reported at 64.4, making it the second-best reading of the year. Current conditions also improved to 69, the second-best reading outside of February. Inflation numbers remained steady, with a one-year inflation rate of 3.3 and a 5 to 10-year inflation rate of 3.0, both being the lowest since March. The two-year note yield hovers around 4.87, similar to before the data release.
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Greg P
Posted underInflation
