Alea tipped us to a very useful source of data on asset backed securities markets: Asset-Backed Alert. Here’s the Alea post:
ABS Issuance is doing fine, thx for asking, but it’s all happening in the non-US world.
While U.S. issuance is recovering modestly, down 75% yoy, non-US issuance is up 65% yoy.
As of march 26th 2009
Source: Asset-backed alertAdd:
The chart below shows monthly ABS issuance since january 2001
Blue: U.S.
Red: non-U.S.
[From Alea blog]
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