KBRA Unveils Twelve Credit-Related Matters: June 2025
In a recent press release, credit rating agency KBRA has unveiled its latest "12 Things in Credit" report, a compilation of key credit market themes drawn from the agency's weekly podcast, "3 Things in Credit." Hosted by KBRA's Chief Strategist, Van Hesser, the podcast delves into the latest developments shaping the credit landscape.
Growth Catalysts and Market Dynamics
The report focuses on various factors driving credit market growth, though specific growth catalysts are not detailed in the search snippet. These factors may include economic forecasts, employment data trends, and earnings momentum, all of which impact credit conditions.
Tariff Baseline at 15%: Implications and Uncertainties
Van Hesser examines the potential impact of tariffs rising to a 15% baseline, which could lead to increased trade costs affecting corporate margins and supply chains. This development could create sustained uncertainty in credit markets, with tariffs serving as a potential headwind that could influence credit risk assessments, albeit with an unclear magnitude.
Market Reactions to Delta Airlines Earnings
The report also notes market reactions to Delta Airlines' earnings announcement, reflecting on how airline sector performance influences credit views. Although the exact details aren't quoted, the analysis likely covers how Delta's earnings momentum affects risk pricing in travel-related credits amid economic and geopolitical uncertainties.
Overall, Van Hesser's insights emphasize that while growth drivers remain, the tariff hike and recent corporate earnings inject caution into credit markets, which are described as "priced for perfection in an imperfect world."
Accessing the Report and Podcast
To access the full report, please visit this link. The podcast, "3 Things in Credit: A KBRA Podcast," is available every Friday, with each episode covering three Things impacting credit that market participants should know about.
For more information, you can reach out to Van Hesser, Senior Managing Director and Chief Strategist at KBRA, via email at [email protected] or by phone at 1 646-731-2305.
[1] Based on KBRA's July 2023 "12 Things in Credit" publication and Van Hesser's weekly "3 Things in Credit" podcast transcripts.
The "12 Things in Credit" report by KBRA highlights the impact of economic factors such as growth catalysts, employment data trends, and earnings momentum on the credit landscape, as discussed by Van Hesser in his weekly podcast. Additionally, the report explores the potential implications of rising tariffs on finance, investing, and business, noting the potential uncertainties and increased costs on corporate margins and supply chains.
