Rough end to the summer in sight for US ABS, say analysts

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By David Bell
16 Aug 2018

The US securitization market has shrugged off macroeconomic turmoil in recent weeks and months, but investors that think sector operates in a vacuum may be due a shock before the end of the summer, according to analysts, writes David Bell.

Primary US securitization markets showed no sign of being affected by the turmoil raging in Turkey this week, with around $6bn of paper sold across the sector, including deals backed by collateral as diverse as aircraft engines to timeshare resorts, as well as subprime auto loans to 

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