KBRA Releases Research – The Forward Look—European and UK Credit Views: Q1 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 key factors driving credit market conditions in Q1 to include credit tailwinds such as the improved trade dynamics with new trade agreements, ongoing monetary stimulus, and positive credit developments. However, challenges remain, as geopolitical uncertainty is likely to drive continued volatility. Bureaucratic resistance to regulatory and globally competitive changes are likely to hold back progress of reforms proposed by Mario Draghi and Enrico Letta as inflation risks are starting to resurface in the background.

Click here to view the report.