(Bloomberg) -- ABX indexes fell after reports
showed delinquencies on some subprime mortgages accelerated in
June.
Late payments, foreclosures and already seized property
rose among loans that underlie the ABX indexes. That heightened
concerns of bond defaults and sent most indexes to new lows.
Read more at Bloomberg Bonds News
showed delinquencies on some subprime mortgages accelerated in
June.
Late payments, foreclosures and already seized property
rose among loans that underlie the ABX indexes. That heightened
concerns of bond defaults and sent most indexes to new lows.
Read more at Bloomberg Bonds News
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