Triple-A headed for triple digit spreads

By Steven Gilmore
18 Sep 2015

Strong deal flow is one of several barriers to tighter spreads in the ABS market, and some traders are predicting triple-A spreads in certain asset classes to hit 100bp in the next year.

Panelists at the ABS East conference discussion on ABS trading held on Friday were positive on the ABS market’s fundamentals and issuance outlook. But the prospects for tighter spreads was less rosy.

“It’s definitely possible [for spreads] to tighten,” said Antonio Blasetti, an ABS Trader at Brean ...

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