Take Notes: 2025 Structured Finance Outlook

Our 2025 U.S. and Canada structured finance outlook forecasts total structured finance issuance of $839 billion, up across the board in all sectors. Collateralized loan obligations should once again have a record year. We’re seeing some collateral performance deterioration in consumer loans and commercial mortgage-backed securities. A re-emergence of inflation and the resulting impact on rate cuts is the biggest risk to our base case expectations.

Related Research:
2025 U.S. And Canada Structured Finance Outlook