US consumer confidence increases

May 29, 2024 | Currency, Economy, Money Market

A surprise jump in US consumer confidence and weak demand for US Treasuries at the 2 and 5-year auctions have driven up US rates, the 10-year rate rising over 7bps, notes BNZ Markets today.. This reversed earlier weakness in the USD, resulting in small net currency movements for the day, said Jason Wong, senior markets […]

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US consumer confidence increases

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