Report|21 Apr 2026

12 Things in Credit: March 2026

Welcome, market participants! This report is a companion to KBRA’s weekly 3 Things in Credit podcast, where our Chief Strategist, Van Hesser, highlights three Things impacting credit markets that we think you should know about. After every four episodes (that’s 12 Things total), we compile the podcast transcripts into a single report—so you can catch up on anything you missed, all in one place. Look for our podcast every Friday, and let us know what you think. You can find all our research, podcasts, and announcements for upcoming webinars on KBRA.com.

This issue’s 12 Things are:

  1. Growth shock vs. inflation shock. What’s the biggest risk?
  2. Big bank credit color. Real-time read on credit from the largest lenders.
  3. IMF sours. Its latest forecasts recognize a laundry list of risks.
  4. Resiliency. The U.S.…
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