Wall Street Firms Up Bets on U.S. Consumers

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Wall Street Firms Up Bets on U.S. Consumers
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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 borrowers will be fine.

Missed-payment rates on auto loans have edged up from pandemic-era lows yet are well below peaks reached during past downturns.

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.Continue reading your article with

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