The US structured-credit market exploded with issuance this week, as 24 transactions across ABS, RMBS, CMBS, and CLOs sent investors into a feeding frenzy.
More than $15 billion in deals were either priced or announced, and several more new issues are in the queue for Monday.
With the Federal Reserve's low interest-rate policy now extended out till at least 2015 -- and a good deal of buy-side cash chasing assets -- investors pounced on anything that provided even a modicum of extra yield.
Read more...US structured-finance volume jumps - but so does risk | Reuters
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