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What am I supposed to be looking for here? Yield premiums on bonds backed by pools of consumer debt have edged consistently higher this year,
What am I supposed to be looking for here?
Yield premiums on bonds backed by pools of consumer debt have edged consistently higher this year, reflecting perceptions of rising risk. Junior bonds made of bundles of subprime car loans, for example, now offer investors percentage points' extra yield over comparable Treasury notes, up from 2.41 percentage points at the start of the year, according to JPMorgan L data. Pricing for other kinds of consumer-debt investments shows a similar trend. AT CLOSE 4:00 PMEDT 08/25/22 $17 USD 2.752.37% AFTER HOURS 7:57 PM EDT 08/25/22 $118.430.120.10% AFTER HOURS VOL 1,172,255Step by Step Solution
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