What We’re Watching, Visa/Mastercard Spending Update, and KBRA DLD Default Forecasts

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

This week, our 3 Things are:1. What we’re watching. Here’s what we believe will shape credit valuation over the near-term.2. Visa/Mastercard spending update. The latest read from the global payments titans. 3. KBRA DLD default forecasts. Our own Eric Rosenthal weighs in with his outlook for 2026.

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This episode was published on January 30, 2026.

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