Margin Lift, Excitable Risk, and The Path of Interest Rates

from Van Hesser's 3 Things in Credit - A KBRA Podcast · host KBRA

This week, our 3 Things are:Margin lift. They’re high and expected to go higher.Excitable risk. Volatility is back. Just how much matters to credit fundamentals?The path of interest rates. The consensus is calling for a 4-bp range for the 10-year over the next six quarters. What does that tell you?

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This episode was published on February 6, 2026.

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