Despite the lack of activity last week, the  market for asset-backed securities is benefitting from the sense that the repricing of the market has largely run its course, according to analysts at Deutsche Bank.

In research published Wednesday, Deutsche noted that the first week of the second half of the year was one of the most uneventful of the year: No new deals priced and there are none scheduled for this week. Secondary market flows were also light last week at under $800 million and were dominated by money managers and insurance companies.

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