The University of Michigan’s final January consumer sentiment index reading was 78.4, compared to the preliminary January 80.5, the final December reading of 75.5, and the 74.5 reading earlier in December, according to market sources.

Economists polled by IFR Markets had predicted a 79.0 reading for the index.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.