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Is Euro RMBS on Solid Ground? Investor appetite for U.K. RMBS continues to be strong, although cracks are beginning to develop

Over the last five years, European RMBS has proved to be good as gold for investors, especially in the U.K. market where the most trading happens. Some investment bankers have heralded this era as an age of unprecedented prosperity, with one calling triple-A U.K. RMBS "bulletproof." But is the...

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