BIF, Bunds, and Britain’s AI Bet

In this episode of Credit Compass, Gordon Kerr, KBRA’s European Macro Strategist, examines why markets are focused on Britain, Italy, and France—as higher yields and limited fiscal flexibility raise new questions for European credit. Gordon also looks at the UK’s artificial intelligence (AI)-driven growth story, Germany’s fragile recovery, and what the energy shock continues to mean for issuers, spreads, and investor sentiment.