Weekly Wrap discussion of auto ABS, vehicle sales

<p>Delinquencies across prime and nonprime <a href="https://www.autofinancenews.net/allposts/capital-funding/abs-credit-performance-inches-closer-to-pre-pandemic-levels/">securitized auto loans</a> are moving closer to pre-pandemic levels, while rising interest rates and declining used-vehicle values are expected to lead to higher losses.</p>