US: 47% Of Americans Expect Higher Inflation - YouGov

Mar-13 18:29

A new survey for The Economist/YouGov has found: “48% of Americans say they think the economy is getting worse, up from 37% at the start of Donald Trump's second term; only 19% say they think it is getting better.” The report adds: “47% of Americans expect higher inflation in six months, more than twice the share six months ago.”

  • A new Reuters/Ipsos poll found: “A majority of Americans believe President Donald Trump is being too “erratic” in his moves to shake up the U.S. economy, as his imposition of tariffs against some of the nation's top trading partners hammers stock markets.” 

Figure 1: Is the Economy Getting Better or Worse?

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AI-generated content may be incorrect.

Source: YouGov, Economist  

Figure 2: Do Americans Expect Higher, Lower, or Similar Inflation 6 Months from now?

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AI-generated content may be incorrect.

Source: YouGov, Economist  

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US: Majority Of GOP Voters Support Congressional Pushback To Trump

Feb-11 18:23

A new CBS/YouGov survey has found that although President Donald Trump's early actions “have been met with robust support from nation's Republicans,”  this “doesn't mean they wouldn't want to see some pushback from congressional Republicans when the delegation disagrees with him.”

  • CBS: “…a sizable 4 in 10 rank-and-file Republicans would have their congressional delegation support whatever Mr. Trump wants — a view largely boosted by those Republicans who identify as part of the MAGA movement.”
  • CBS notes separately that 65% of Democrat voters now believe that Congressional Democrats should oppose Trump as much as possible, up from 46% in January.
  • The survey suggests that the Trump administration may face opposition to its agenda when it faces legislation in Congress, with a bipartisan majority of voters comfortable with their elected officials opposing Trump's agenda.

Figure 1: Congressional Republicans’ Approach to Trump Should be… (Among Republicans)

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Figure 2: Congressional Democrats’ Approach to Trump Should be too… (Democrats)

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AI-generated content may be incorrect.

Source: CBS News/YouGov

US TSYS/SUPPLY: Review 3Y Note Auction: 1.2b Stop

Feb-11 18:04
  • Treasury futures bounce briefly but remain weaker after $58B 3Y note auction (91282CMN8) 1.2bp stop, drawing 4.300% high yield vs. 4.312% WI; 2.79x bid-to-cover vs. 2.62x prior.
  • Peripheral stats see indirect take-up climbs to 74.00% vs. 60.98% prior; direct bidder take-up 15.82% from 19.67% prior; primary dealer take-up 10.18% vs. 19.36% prior.
  • The next 3Y auction is tentatively scheduled for March 11.

FED: US TSY 3Y NOTE AUCTION: HIGH YLD 4.300%; ALLOTMENT 41.59%

Feb-11 18:02
  • US TSY 3Y NOTE AUCTION: HIGH YLD 4.300%; ALLOTMENT 41.59%
  • US TSY 3Y NOTE AUCTION: DEALERS TAKE 10.18% OF COMPETITIVES
  • US TSY 3Y NOTE AUCTION: DIRECTS TAKE 15.82% OF COMPETITIVES
  • US TSY 3Y NOTE AUCTION: INDIRECTS TAKE 74.00% OF COMPETITIVES
  • US TSY 3Y AUCTION: BID/CVR 2.79