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Corporate ABS benefit from US economic turnaround
Manage episode 318711355 series 2944782
Corporate asset-backed securities (ABS), some of which were hit particularly hard by the pandemic, are now benefiting from the rapid economic rebound in the US. Growth in travel demand, particularly among consumers, will benefit several asset classes, including aircraft lease ABS. Meanwhile, persistently high used car prices will continue to boost rental car ABS credit quality and performance.
Related content on Moodys.com (some content only available to registered users or subscribers):
44 епізодів
Manage episode 318711355 series 2944782
Corporate asset-backed securities (ABS), some of which were hit particularly hard by the pandemic, are now benefiting from the rapid economic rebound in the US. Growth in travel demand, particularly among consumers, will benefit several asset classes, including aircraft lease ABS. Meanwhile, persistently high used car prices will continue to boost rental car ABS credit quality and performance.
Related content on Moodys.com (some content only available to registered users or subscribers):
44 епізодів
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