Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.NY Fed survey shows consumers expect delinquencies to trend higher.
Delinquency expectations continued their upward trend in July and have risen to the highest level since April 2020. The average perceived probability of missing a minimum debt payment over the next three months increased by 1.0 percentage point to 13.3% and the increase was most pronounced for those with an annual income below USD50,000 and those without a high school degree.
Source: New York Fed
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Delinquency expectations continued their upward trend in July and have risen to the highest level since April 2020. The average perceived probability of missing a minimum debt payment over the next three months increased by 1.0 percentage point to 13.3% and the increase was most pronounced for those with an annual income below USD50,000 and those without a high school degree.
Source: New York Fed