Daily Roundup of Key US Economic Data for March 27

BY MT Newswires | ECONOMIC | 02:26 PM EDT

02:26 PM EDT, 03/27/2026 (MT Newswires) -- The University of Michigan consumer sentiment index for March was revised lower to 53.3 from the preliminary estimate of 55.5 and was below February's reading of 56.6.

Michigan said that inflation expectations rose in the current month for the one-year period but slowed for the five-year period.

The Kansas City Fed's services index rose to 15 in March from 6 in February. Other regional services data already released have been mixed.

The Q1 GDPnow estimate from the St. Louis Fed is for a 1.703% gain, up from a 1.692% gain in the previous week.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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