Euro ABS spreads show no sign of normalising as 2017 winds down

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Euro ABS spreads show no sign of normalising as 2017 winds down

Euro in vice resized
low budget - money in the vice | Photographer: Nikita Sobolkov/nikkytok - Fotolia

European ABS spreads continue to break through historical tights as the market approaches the year’s end, with investors not only participating at record low yields but queuing up in droves to buy paper at what are effectively negative yields.

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