ABS trading stabilises as difficult Q1 comes to a close

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By Max Adams
31 Mar 2020

Trading of structured products in the secondary market levelled off this week to volumes seen before the coronavirus crisis, as traders closed the books on a difficult first quarter.

According to a client note from Brean Capital, trading volumes of investment grade ABS bonds were below $1bn for the first time in 15 trading sessions on Tuesday, while every other securitized product sector also saw total bid-list volume below $1bn.

“The launch of the alphabet soup of ...

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