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Citrini Research predicts a Treasury twist in the market, with banks replacing the Fed as buyers of government debt, leading to a potential short squeeze on 30-year bonds.
Read original at benzingaWhile 90-day delinquent credit card balances have nearly doubled since 2022, reaching levels not seen since the Great Recession, a Federal Reserve analysis reveals the situation is more nuanced. New delinquency rates have remained stable since 2024, suggesting most consumers are managing through the difficult period. The increase in 90-day delinquencies appears driven by lenders reporting delinquent debts longer before charging them off, rather than a surge in new defaults. Financial strain is concentrated among those already struggling.
Read original at the-motley-foolWolfe Research analyst Darrin Peller maintains Capital One Financial (NYSE:COF) with a Outperform and raises the price target from $255 to $275.
Read original at benzingaDan Loeb increased his Capital One stake as Warren Buffett's Berkshire Hathaway sharply reduced its position during the second quarter.
Read original at benzinga