Watch Out: Wall Street Is Finding New Ways to Repackage and Sell Debt

P.M. Edition for Oct. 23. Matt Wirz, who writes about credit for The Wall Street Journal talks about why Wall Street is excited about NAVs, SRTs and CDOs. And U.S. home sales hit another nearly 30-year low. Journal housing reporter Nicole Friedman explains why new buyers are staying on the housing market sidelines. Plus, with deadlocked polls and the memory of 2016, White House reporter Tarini Parti says Democrats are becoming more anxious ahead of Election Day. Tracie Hunte hosts.

Sign up for the WSJ's free What's News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices