Summer rally drives UK ABS back to pre-Brexit levels

David Bell

September 05, 2016 03:00 PM

worried traders — Stock traders checks out a graph showing activity of US interest rates over one year in a business bank, in Paris, Monday, Dec. 12, 2011. Enthusiasm for riskier assets such as stocks and the euro faded Monday as investors worried that Europe's new pact aimed at fixing the continent's debt crisis would be insufficient. (AP Photo/Michel Euler) | Michel Euler/AP/Press Association Images

A summer supply shortage coupled with rising demand for structured finance assets has driven UK ABS spreads back to pre-Brexit levels.

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Topics

JP Morgan RMBS Securitization Bank of America UK Europe EMEA

DB

David Bell