Report|1 Sep 2026

Macro Pulse U.S.: Distressed Credit Trends Turn More Constructive

Distressed ratios have retreated in both high yield and leveraged loans, pointing to a stabilizing credit backdrop as economic resilience and favorable liquidity, i.e., sentiment, reduce perceived risk among elevated credit risk borrowers.

In the latest 3 Things in Credit, KBRA’s Chief Markets Strategist Van Hesser examines why leveraged finance conditions appear to be stabilizing, alongside renewed macro uncertainty and the key credit themes highlighted in KBRA’s latest Forward Look. Listen to Van Hesser’s insights on: Apple Podcasts | YouTube Music | Spotify or visit 

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