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Iran war widens auto ABS spreads, driving funding costs higher

Prime spreads jump 17 bps after start of conflict 

Truth Headlam

The Iran war has sent shockwaves through the automotive market, prompting increased funding costs, investor uncertainty and additional affordability concerns as gas prices continue to climb.   While auto market and economic experts say predicting the long-term effects of the conflict is difficult, investors can look to past events to gauge how the funding markets may respond.  Spreads on assets, such as […]

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