Insurance Investors Battle Tight ABS Mart

18 Mar 2011

Insurance firms have been slowly squeezed out of the prime consumer asset-backed securities market as yields on senior auto and credit card senior bonds have shrunk.

-- Daniel O’Leary

Insurance firms have been slowly squeezed out of the prime consumer asset-backed securities market as yields on senior auto and credit card senior bonds have shrunk. The firms, traditional buyers and anchors of the consumer ABS market, are being edged out by asset managers and bank ...

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