MoneySpider Weekly — 10 May 2026

This week: Consumer Fracture emerges as the new standing signal, succeeding Liquidity Divergence. April payrolls beat consensus sharply (+115,000 vs +62,000 expected) even as the Treasury’s Quarterly Refunding held coupon sizes steady, favouring bills over duration. The first cracks in the consumer picture begin to show beneath a resilient headline. Full analysis across all five lenses.