Ray of Light: Credit Thaw Increasing Money for Auto Loans

Filed under: Good news, Financial Crisis

In this market, you take the good news where you can get it, and Friday's positive data came from the credit markets.



There are signs that U.S. credit markets are loosening as they pertain to the U.S. auto sector.



About $22.9 billion in bonds backed by auto loans, borrowings for dealer inventory, and related debt were issued through April, up 67% from a year ago, according to data compiled by Bloomberg News.

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Ray of Light: Credit Thaw Increasing Money for Auto Loans originally appeared on BloggingStocks on Fri, 21 May 2010 17:30:00 EST. Please see our terms for use of feeds.

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