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CreditSights
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Deep dives on what’s shaping the credit markets, brought to you by the expert analysts at CreditSights.

  1. 5D AGO

    From Taipei to Hong Kong: Credit Conversations That Matter

    In this episode of the Know More. Risk Better. podcast, the discussion explores how Asian investors are navigating global credit markets amid volatile US rates, shifting macro expectations, and rapid AI-driven investment. Zachary Griffiths and Zerlina Zhang unpack key takeaways from Zerlina’s recent roadshow across Greater China and Taiwan, covering investor sentiment on Fed policy and US growth, yield-seeking behavior, private credit contagion risks, AI capex trends, Japan’s fiscal outlook and JGB volatility, and the growing appeal of Asia local currency bonds, particularly Australian dollar debt. Gain timely, on-the-ground insights to help investors better assess cross-market risks and identify opportunities in an increasingly uncertain global environment.

    32 min

  2. FEB 5

    Real Estate Rundown: Tracking Europe's Recovery

    In this episode of the Know More. Risk Better. podcast, host Logan Miller speaks with Mary Pollock, Head of Real Estate, about the European real estate sector's outlook for 2026. They explore the current stage of the recovery cycle, noting that commercial real estate valuations reached their trough in mid-2024 and are now in early recovery phase, though slower than post-GFC. The conversation examines subsector dynamics, with offices remaining the most challenged while residential and logistics show strength. Mary discusses the impact of rising government bond yields—with 10-year bunds up nearly 80 basis points to 2.85%—and how this affects fundraising and valuations despite improved rate stability. They analyze the critical shift in capital allocation, as companies move from defense mode to investment and shareholder returns, including share buybacks at Vonovia, Bouwinvest, and Aroundtown. The discussion covers primary market strength, with riskier crossover names and hybrids seeing strong reception and minimal new issue concession. Mary outlines her cautious outlook on credit metrics, expecting flat-to-higher LTVs and weaker interest coverage ratios due to refinancing legacy low-cost debt. The episode concludes with positioning recommendations, favoring the 5-7 year maturity bucket and specific outperforms including Heimstad Boesdad, VGP, and Blackstone Property Partners Europe, while cautioning on Austria. Listen now to gain expert perspectives on European real estate credit strategy for 2026.

    35 min

  3. JAN 29

    Shifting Gears: Auto Sector's 2026 Roadmap

    In this episode of the Know More. Risk Better. podcast, host Winnie Cisar, Global Head of Strategy at CreditSights, speaks with Todd Duvick, Head of Autos, and Jim Williamson, Senior Autos Analyst covering Europe, about the global automotive sector outlook for 2026. They explore vehicle sales forecasts, with both US and Europe expecting flat to slightly higher volumes around 16 million units, constrained by affordability despite lower interest rates and new tax deductions. The conversation examines the deregulation wave, including Europe's pullback from the 2035 EV-only deadline to a 90% emissions reduction target and the US removal of consumer EV tax credits, saving GM $750 million annually. They analyze Chinese competition dynamics, with BYD's potential US manufacturing and government interventions to stabilize pricing. The discussion covers margin trajectories, with single-digit operating margins becoming the new normal, offset by declining capex as the investment super cycle ends. They also address credit rating outlooks, highlighting Ford's fallen angel risk, Honda's margin challenges, and Renault as a rising star candidate. The episode concludes with investment recommendations: VW senior bonds for Europe and Ford for tactical opportunities. Listen now for expert insights on automotive credit positioning.

    50 min

  4. JAN 22

    Media M&A Mania: The Future of WBD, Broadcast TV & More

    In this episode of the Know More. Risk Better. podcast, host Zachary Griffiths speaks with Hunter Martin, Head of Media and Cable, and Davis Hebert, Co-Head of High Yield Research and TMT, about the evolving media landscape and M&A activity in 2026. They dive deep into the Warner Brothers Discovery saga, analyzing Netflix's $83 billion bid versus Paramount's competing all-cash offer and the credit implications for bondholders. The conversation explores the broader consolidation wave in cable networks, with companies like Versant trading at four times EBITDA and the potential for private equity involvement. They also discuss the sports landscape, examining cord cutting trends, YouTube TV's new skinny bundles, and how NFL and NBA rights are reshaping the pay TV ecosystem. The episode concludes with insights on broadcast TV deregulation, including the Nexstar-Tegna merger and its impact on the high yield market. Listen now to gain expert perspectives on media sector credit views and strategic positioning opportunities for 2026.

    34 min

  5. JAN 15

    Planes, Trains and Loyalty Points: A&D and Transport in 2026

    In this episode of the Know More. Risk Better. podcast, host Winnie Cisar speaks with Matt Woodruff about the outlook for aviation, defense, and transportation as markets face a challenging start to the year. They discuss airline demand, pricing pressures, and the future of loyalty programs, as well as aircraft supply chain issues, lessor trends, and industry consolidation. The conversation then shifts to defense spending and geopolitical risks that could shape credit markets. The episode concludes with insights on rail M&A and its implications for investors. Listen now to gain sector-specific credit views and strategic ideas to position your portfolio for 2026.

    44 min

  6. JAN 8

    Venezuela in Turmoil: U.S. Intervention and Market Risk

    Kicking off our first episode of 2026, Know More. Risk Better. explores the political and economic fallout following the capture of Venezuelan President Nicolas Maduro, examining scenarios for regime change, US intervention, and market reactions. Zachary Griffiths and Conor Beakey dive into Venezuela’s oil sector challenges, sanctions relief prospects, and the broader implications of US policy in Latin America, including risks to regional stability and historical context for interventions. Gain timely analysis and actionable insights for investors seeking to understand evolving geopolitical risks and opportunities in emerging markets.

    33 min

  7. 12/18/2025

    Credit Check: Lessons, Losses and Hot Takes

    This week on "Know More. Risk Better." features host Winnie Cisar, global head of strategy at CreditSights, and Zachary Griffiths, Head of IG & Macro Strategy, as they reflect on a turbulent 2025 in US credit markets and preview the landscape for 2026. The conversation dives into defining moments of the year, lessons learned, and the persistent impact of technicals and liquidity on market resilience.  Winnie and Zach tackle the complexities of forecasting interest rates, the impact of monetary policy surprises, and the effects of tariffs and trade policy on investment grade corporates, while debating new issue supply, the dynamics between high yield and broadly syndicated loans, and looming refinancing risks. Additional highlights include a candid lightning round on private credit, covenant quality, and AI CapEx, as well as a discussion on the importance of risk assessment and the paradigm shift in market behavior post-pandemic. This episode offers key insights for navigating a complex, late-cycle credit environment heading into 2026.

    35 min

  8. 12/11/2025

    When Creditors Attack: 2026 Special Situations Outlook

    Season 9, Episode 22 This week on "Know More. Risk Better." features host Winnie Cisar along with Mark Lightner, for a comprehensive review of the 2026 Special Situations Outlook. The conversation examines the liability management transaction landscape, highlighting how creditor-on-creditor dynamics remained largely unchanged in 2025 despite the landmark Serta decision. The team explores the emerging antitrust challenge to creditor cooperation agreements, with two recent lawsuits (Selecta and Altice USA) alleging federal antitrust violations and seeking treble damages. Lightner discusses why this represents "the most important issue going into 2026" and how it could fundamentally alter the collaborative approach to restructurings. The discussion also covers the high-stakes Monsanto litigation heading to the Supreme Court, which could determine whether the $40 billion debt company faces bankruptcy over Roundup-related claims.

    28 min
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Ratings & Reviews

5
out of 5
24 Ratings

About

Deep dives on what’s shaping the credit markets, brought to you by the expert analysts at CreditSights.

Information

  • Creator
    CreditSights
  • Years Active
    2020 - 2026
  • Episodes
    100
  • Rating
    Clean
  • Copyright
    © Copyright 2023 All rights reserved.
  • Show Website
    Know More. Risk Better.

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