All quiet on the auto ABS front
In capital markets, little change often spells good news for issuers, investors
The auto asset-backed securities market has been chugging through the first four months of the year in a welcome reprieve following a turbulent 2023. Auto asset-backed securities (ABS) volume hit $62.4 billion as of April 19, outpacing 2023 year-to-date volume by 38.7%, according to JPMorgan Securities. That’s nearly half of 2023’s $146 million of auto […]
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