Nonrevolving Consumer Credit Surges In May The Most In History As Wells Fargo Shutters Its Personal Lines Of Credit (Well, THAT Escalated Quickly!)

by confoundedinterest17

The Federal Reserve released its monthly consumer credit report for May and its a doozy. Non-revolving credit increased the most in history!

We are primarily funded by readers. Please subscribe and donate to support us!

At the same time, Wells Fargo announced it is shutting down all personal lines of credit.

The 10Y/3M and 10Y/2Y Treasury curve continue to tank.


Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.