KBRA Releases Research – The Forward Look—European and UK Credit Views: Q3 2026

KBRA releases the latest quarterly report highlighting our European Macro Strategist Gordon Kerr’s view on key economic indicators, as well as what he identifies as the most influential factors driving credit markets in the upcoming quarter. The report also examines credit market valuations in the context of current and future market conditions.

KBRA expects the key factors driving credit market conditions in Q3 to include emerging shoots of growth despite geopolitical tensions; inflation, which remains a key risk as producer prices rise; and drought conditions restricting supply movements. Competitive policy is gaining traction—implementation is still limited, but further progress is expected in the near term. The European consumer remains healthy, yet still cautious about spending and activity.

Click here to view the report.