Truist Sees ABS Sales Climbing 15% This Year as Spreads Narrow

Truist Securities forecasts asset-backed securities sales will rise up to 15% this year as risk premiums on the bonds tighten. The prediction reflects improving investor appetite for ABS amid narrowing spreads, which could boost issuance volumes across consumer and auto loan sectors. Truist's outlook signals continued strength in credit markets despite broader economic uncertainties.