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Auto Deals Drive Investor Optimism: While last week started off slow, auto deals shifted issuance into high gear

Spirits were high in the ABS market last week, as banks continued to receive funding by way of the Federal Reserve's Term Securities Lending Facility (TSLF), market participants said.

Banks have also recapitalized with a "surprising swiftness," said JPMorgan Securities analysts, which has created a "stable environment for credit...

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