ABS

North American respondents had their own worries to process—a potential end to historically low interest rates, and an end of low defaults amid a recession.

The results offer the first look at how Wall Street fared in a tumultuous three months characterized by changing outlooks on prospects for the economy.

The US consumer price index probably climbed to 8.8% in June on an annual basis, from a 40-year high of 8.6% the previous month, according to a Bloomberg survey.

AESOP 2022-3 will be able to add more Tesla EVs to its fleet over time, but uncertainty about the vehicles’ resale value was a potential credit negative.

Global bonds climbed for a second day. Federal Reserve interest-rate hikes are seen raising the risk of recession, reviving the appeal of fixed-income securities.

Agricultural equipment accounts for more than half of the collateral pool, but accounts for the lowest concentration on the platform to date.

The world’s largest asset manager retains its long-term bullish view on equities, but has gone underweight developed-market stocks in the near term as the risk of stalling growth rises.

The collateral backing the notes are fixed-rate timeshare loans originated by Wyndham Vacation Resorts and Wyndham Resort Development Corp.

The collateral pool consists of new and used vehicles manufactured by Hyundai Motor and Kia Corp., 9% of which are electric and hybrid vehicles.

The transaction will be backed by commercial leases and loans primarily supported by Dell Technologies and Dell EMC branded equipment.