Spreads in prime credit card and auto ABS prime issuers are at tightest levels of the year and appear too rich. The best relative value can currently be found in subordinate single-A and triple-B rated classes from prime credit card and auto ABS issues as consumer credit fundamentals show signs of improvement.
Access to a full range of industry content, analysis and expert commentary.
No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.
Have an account? Sign In