Will the share of U.S. auto-loan balances 90 or more days delinquent for Q3 2026 be above 4.8%?

If the share of U.S. auto-loan balances 90 or more days delinquent for Q3 2026 is above 4.8%, then the market resolves to Yes. The Underlying is the value reported by the Federal Reserve Bank of New York in its Quarterly Report on Household Debt and Credit / Household Debt and Credit Data Bank for Auto Loans in the series “Percent of Balance 90+ Days Delinquent by Loan Type.” Use the first value reported by the Federal Reserve Bank of New York for Q3 2026. Subsequent revisions will not affect the market.