• Yields were mixed over the over the week in a curve flattening fashion with the two-year Treasury note rising by six basis points to 4.39% while the five-year note went unchanged at 4.31%.
• Despite missing expectations, the final University of Michigan consumer sentiment index reading for November increased by 1.3 points from October to 71.8.
• Inflation expectations for the coming year decreased from 2.7% to 2.6% in November while longer term inflation expectations ticked higher from 3.0% to 3.2%.
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