How "Dieselgate" Impacts Volkswagen's ABS

October 1, 2015 10:07 AM

2:16

How a scandal over emissions testing of diesel vehicles impacts Volkswagen's asset backed securities.

TRENDING

Bank stocks

Bank stocks rise on Fed's first rate cut of 2025

The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.

By Allissa Kline

9h ago
Mortgage rates

Fed cuts but only some mortgage rates are moving lower

Most lenders said they had already priced in the widely-anticipated decision to cut short-term rates for 30-year home loans but other products will benefit.

By Bonnie Sinnock

10h ago
Treasurys

Treasury yields drift higher before expected Fed rate cut

The anticipation of lower rates has helped drive yields lower, with the 30 year's falling as much as three basis points to 4.62% on Wednesday, the lowest level since April 30.

By Elizabeth Stanton and Carter Johnson

September 17