Tuesday, July 24, 2007

US CDO sales may pick up after hitting low-JPMorgan

(Reuters) - "The US forward pipeline shows some signs of life ... and
is quite swollen for CLOs," J.P. Morgan said in a separate
report on Friday.




Concerns about risky home loans that make up the underlying
collateral for CDOs have sapped investor interest in the debt
structures that pool together various debt securities,
including subprime loans, to garner greater yield and to help
diversify risk.


Read more at Reuters.com Bonds News

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