Tag: Conference Board
-
US Consumer Confidence Plummets to 2014 Lows as January Readout Stirs Concern
Overview: Confidence Crashes to 2014 Levels U.S. consumer confidence fell sharply in January, sliding to its lowest point since 2014, as Americans expressed growing concern about their financial prospects. The Conference Board reported that the headline index dropped markedly, underscoring the fragility of household sentiment amid persistent economic headwinds. This decline arrives at a time…
-
Treasury Yields Dip as Consumer Confidence Wobbles
Market backdrop: yields ease amid tepid confidence U.S. Treasury yields extended a retreat as the latest consumer confidence data suggested the economy remains unsettled, even as investors monitor for signs of a slowing inflation path. The benchmark 10-year Treasury yield slipped below the 4% barrier, underscoring ongoing demand for safe assets in an environment where…