Investors should buy subordinate bonds backed by credit-card payments as defaults fall and delinquencies slow, according to Wells Fargo Securities.
Posts Related to Buy Riskier Classes of Credit-Card Debt as Defaults Fall, Wells Fargo Says
More Americans late on credit card payments (The Malaysian Insider)
NEW YORK, Dec 3 — US credit card delinquencies rose in October, signalling that defaults may soon test record highs, as debt-burdened consumers keep losing ...
Nationwide’s Mortgage Bonds Help Thaw Asset-Backed Debt Market (Bloomberg)
Oct. 27 (Bloomberg) -- Nationwide Building Society’s sale of bonds backed by U.K. home loans may help reopen Europe’s $3.3 trillion market for asset-backed debt, ...
Credit Card Debt and Delinquencies Fall Again
A drop in credit card delinquencies should be a sign of a healthy economic recovery.
Fernandez Bond Yields Fall Below City Debt: Argentina Credit
Argentine government bonds are yielding less than notes issued by higher-rated Buenos Aires, a sign that investors expect Moody’s Investors Service to give the country ...
U.S. credit card defaults stabilize (Reuters via Yahoo! News)
The rate of U.S. credit card defaults showed signs of stabilizing last month, an indication that American consumers are in better financial shape than feared ...
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