The U.S. ABS primary market priced a healthy $7 billion in an abbreviated week that also witnessed whispers of a slow-down in the Federal Reserve's "measured pace" of rate hikes. Dallas Fed President Richard Fisher reportedly said the Fed is in the eighth inning of a nine-inning tightening cycle, and gave the impression the Fed may consider halting the increases after its next meeting.

The primary market priced a cellular tower lease deal, two student loan deals, a credit card deal and three home equity deals. Home equity offerings from Countrywide Home Loans, Inc. and Meritage Homes Corp. and a student loan deal from Access Group, Inc. were still on the table as of press time.

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