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Outlook Report

North America Structured Finance Outlook 2024

Mon 04 Dec, 2023 - 4:28 PM ET

ֳ’ 2024 asset performance outlook for most structured finance (SF) sectors is deteriorating as monetary and credit tightening continue to weigh on consumer demand and remain the primary risk drivers. High core inflation and rising unemployment will lead to real income erosion and higher debt burdens, further pressuring on households and businesses. Sectors exposed to weaker borrowers, rising interest rates and refinancing risk will see higher levels of delinquencies and defaults.