Italian consumer ABS enters negative yield territory

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Italian consumer ABS enters negative yield territory

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June 29, 2017 - Italy - Castel Sant'Angelo and Ponte Sant'Angelo seen from Ponte Vittorio in a sunny day. Rome (Italy), XXth/XXIst century. (Credit Image: © Arnaldo Vescovo/Mondadori Portfolio via ZUMA Press) | Arnaldo Vescovo/Zuma Press/PA Images

An Italian consumer ABS transaction was priced at a negative yield on Tuesday, as euro ABS buyers continue to deal with a tightening market with no end to the trend in sight.

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