More than 2,500 securitization professionals gathered at the J.W. Marriott Desert Ridge Resort & Spa in Phoenix for the ABS West summit last week. Bankers, lawyers, investors, rating agency officials, trustees and accountants discussed some of the recent trends and pressing issues in the market (at least when they were not playing golf or enjoying the nightlife). Managing Editor Scott Goodwin attended.
Rising energy costs, inflation and interest rates may all sound a bit 2023 in the face of the latest fears about AI Armagaddon but this is what will drive the bond market for now
French covered bond trading levels have become increasingly divorced from OATs since the start of 2024, offering a golden opportunity to issuers ahead of a likely volatile period