Young Americans continued to make up the largest share of those transitioning into credit card delinquency in the second quarter, according to a report released by the New York Federal Reserve.Despite ticking down slightly from the previous quarter, the report showed that nearly 10% of credit card balances held by Americans aged 18-29 became 90 or more days overdue in the second quarter. New York Fed researchers said credit card delinquency rates for Americans under 40 have been "unusually elevated," adding they are keeping a "close eye" on the trend. The rate of balances transitioning into se...

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