美国

US DEBT MARKETS SHOWING SIGNS OF IMPROVED FINANCIAL HEALTH

A sign of a return to health in one of the more damaged parts of the financial markets is expected to be revealed today.

Data due to be released is forecast to show that investors have been buying a growing number of securities backed by credit-card and car loans without help from the US Federal Reserve.

Each month, the Federal Reserve offers cheap funding to investors to buy securities backed by consumer loans – with deals sold by the likes of American Express, Bank of America, Nissan Motor and Ford Motor.

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