It is boom time for junk-rated slices of subprime auto-bond deals. Auto-loan delinquencies may have approached crisis-era levels recently, but that hasnt put the brakes on demand for riskier slices of subprime auto-loan bond deals. New subprime auto bonds …
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Market Extra: Cracks in the $1.3 trillion auto-finance market aren’t curbing investor demand for risky debt
