3 Things in Credit: April 30, 2021

In this week's episode, KBRA Chief Strategist Van Hesser discusses: 1. The era of big government is back! This actually has a big impact on default rates. We’ll tell you how. 2. We’ve updated our key themes in credit. Unlike the Fed’s statement, you won’t need to perform forensic analysis on our key takeaways. 3. In this historically low-yielding environment, investors are increasingly getting out of their comfort zone in search of yield. We’ll tell you where.