ABS

The two-year Treasury rate exceeds the 10-year by almost 50 bps, an inversion viewed as a sign of a looming recession under the Fed's monetary-tightening campaign.

Previous Evergreen Credit transactions have issued amounts ranging from $428 million to $1,070 billion, while the last two deals issued $535 million each.

Even before the Fed's balance-sheet runoff plan gets up to full speed in September two camps of economists and strategists have emerged predicting an early end.

Kroll Bond Rating Agency expects to divide the pool into two distinct groupings for ratings purposes, RMBS and CMBS. The RMBS pool is slightly larger.

The outlook likely reflects the strong position many companies are in after profits surged on the back of pandemic-related stimulus and two years of rock-bottom interest rates.

Mosaic 2022-2 will not include a pre-funding period, and the transaction's collateral pool will be static, and not include a capitalized interest account.

Allianz counts on its asset management units to diversify its business beyond insurance, while Pimco is facing headwinds as investors fled fixed-income securities.

The solar industry has made significant strides, and the related ABS market should continue under its own momentum, providing investors with attractive returns.

The collateral pool consists of publishing and recording rights on a 950-song catalog from artists such as Justin Timberlake and Nelly Furtado.

Tesla had nearly $19 billion in cash and short-term investments by the end of June, and Levington expects it to generate over $24 billion of additional free cash flow through next year.