ASSET-BACKED-Buyers chase limited supply, await Toyota


By Nancy Leinfuss NEW YORK, April 26 (Reuters) - U.S. asset-backed securities traded in narrower ranges on Monday as investors continued to chase limited supply and only one auto sale lay on the horizon from Toyota Motor. "Very strong demand and little supply has been an ongoing theme in the ABS market. That's allowing secondary market bonds to gain lots of interest. Investors are very aggressively going after them," said William Bemis, portfolio manager at Aviva Investors. The supply ...

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