Summary: University of Michigan consumer confidence index slips in October, less than expected; views of present conditions, future conditions both deteriorate; consumers’ frustration over high prices continues; longer-term US Treasury yields rise; rate-cut expectations firm slightly; inflation expectations mixed - short-term up, long-term down. US consumer confidence started 2020 at an elevated level but, after a few months, surveys began to reflect a growing unease with the global spread of...