Auto asset-backed securitization spreads did not change materially through early July, while the ABS market remained stable with solid demand year over year. Spreads on AAA-rated three-year prime auto notes were flat week over week at 40 basis points (bps) over Treasuries as of July 2, unchanged over the past three weeks, according to JPMorgan Securities data. Spreads tightened by two bps over […]
Already subscribed? Log in




