Investors urged to jump in to euro ABS as tightening trend starts to re-emerge
While some ABS market participants remain extremely unimpressed by the pace of European Central Bank purchases so far, many are now expecting the scheme to gather pace as the process becomes more streamlined and are urging any investors not positioned for a another rally to become so.
The Swiss National Bank’s shock removal of its currency peg to the euro on Thursday further strengthened the already widely held view that its European counterpart could launch an extensive sovereign bond buying programme next week.With the escalating mania surrounding sovereign quantitative easing, the ABS purchase programme ...
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