This weeks newscast from ASR covers Shellpoint Partner’s decision to scap its second private-label RMBS, deleveraging by European CLOs, and spread widening in U.S. new-issue CLOs.
More From Asset Securitization Report
Elmwood: Liability management exercises remain top CLO issue
The Elliot-backed manager doubles down on research and expertise to confront market challenges, including tight arbitrage and a looming 2028 debt maturity wall.
Reckoner to launch risk retention financing for securitizations
Nearwater Capital alums join competitors to service the financing industry niche, which will include CLOs sold to European investors.
Mountain Point promotes systematic strategy in inaugural CLO
Investing in vastly more loans that traditional collateralized loan obligations, Mountain Point anticipates approaching the market quarterly.
US bonds see worst week since liberation day on inflation angst
The $31 trillion market extended its losses on Friday, pushing yields on 10-year notes up by three basis points — and extending the rise this week to 22 basis points, the biggest such increase since President Donald Trump announced sweeping tariffs on US trading partners.
Scope Ratings seeks distinction by incorporating Europe’s differences
Bergman sees record-pace changes in capital markets, as reforms fuel securitization growth.