Summary: Households slightly less pessimistic in May; still well below long-term average; euro-zone bond yields slightly lower EU consumer confidence plunged during the GFC and again in 2011/12 during the European debt crisis. Since early 2014, it has been at average or above-average levels, rising to a cyclical peak at the beginning of 2018. Even after it dropped back significantly in late 2018, the index remained at a level which...