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Selling stagnation

Category: ABS RMBS Secondary markets

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European ABS market update

Activity in the European ABS primary and secondary markets has slowed this week, with volumes generally stabilising across both segments.

“It feels a little softer on the secondary market,” says one trader. “There has been between a 5bp to 10bp drop in spreads across the board, although a decent bid remains for 2.0

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