Uncertainty Returns, The Forward Look, and Leveraged Finance Trends

<p>This week, our 3 Things are:</p><ol><li>Uncertainty returns. That improved visibility we enjoyed in 2H 2025 has diminished. </li><li>The Forward Look. Our latest quarterly publication dimensions key issues shaping credit. </li><li>Leveraged finance trends. Several market markers have turned positive.  </li></ol>