Sooner or later, it happens to all of us. Sometimes in fancy dress (AKA securitized).
From Bloomberg's Tracy Alloway:
TIL the gridlock in global shipping means a stellar market for container ABS (securitizations backed by cashflows from shipping container leases).
— Tracy Alloway (@tracyalloway) April 18, 2021
Over the past year, there's been:
- Record issuance
- Utilization rates at 99.5% (also a record)
- A boom in trading volumes pic.twitter.com/5hEJ3siL2M
