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Listen "Explosion in Esoteric ABS issuance"
Episode Synopsis
Issuance of asset-backed securities has boomed over the past year. Is this an expansion of the opportunity set, or an example of late-cycle behavior? TCW Co-Head of Global Securitized Peter Van Gelderen and Senior Securitized Analyst Dom Bea discuss the drivers of growth in issuance and which areas of the market they view as compelling.
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