Banking Turmoil

Wall Street Firms Up Bets on U.S. Consumers

Rising interest rates and inflation have barely dented most borrowers’ bill payments

Missed-payment rates on auto loans have edged up from pandemic-era lows yet are well below peaks reached during past downturns. Cam Pollack for The Wall Street Journal

Inflation, slowing growth and rising interest rates often spell trouble for people with car loans and credit-card debt. Wall Street is instead laying more bets that most American borrowers will sail through.

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