Employment, inflation, household spending and repayment capacity.
The University of Michigan’s final September consumer-sentiment index was 48.1, down from 51.7 in August. Year-ahead inflation expectations rose from 4.0% to 4.6%; longer-run expectations edged up to 3.4%.
Published: Sep 27, 2026Friday’s rally left the more consequential credit signal intact: the 2-year Treasury near 4.81% and the 10-year near 5.17%. Funding discipline remains important despite the one-session equity move.
Published: Sep 26, 2026Household delinquency, bankcard balances, minimum payments and purchase APRs point to uneven payment pressure, with meaningful differences by product and borrower.
Published: Sep 26, 2026The terminated CFPB unemployment-benefit-card order illustrates false-positive harm, identity-verification bottlenecks and the need to preserve error-resolution rights.
Published: Sep 27, 2026The 36% military APR limit reaches beyond the stated interest rate. Covered-borrower evidence, fee treatment and contract terms must stay connected through origination and servicing.
Published: Sep 27, 2026GENIUS is enacted law, with important implementation proposals still developing. The credit questions are reserve quality, redemption capacity, deposit migration and whether payment economics survive lower interest rates.
Published: Sep 27, 2026Treasury proposal for stablecoin issuer AML and sanctions compliance programs.
Source date: Apr 8, 2026