This paper discusses:
- The strengthening market as investors have been putting extensive cash holdings to work
- The recovery of the ABS market compared to corporate bonds
- The influence of central bank intervention and bond purchasing programmes on ABS and the corporate bond markets
Where does this leave valuations of ABS and where are the opportunities?
The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount they invested.
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