# Spread Wideners, Private Credit Color, 2026 Risks

Page: https://stenobird.com/podcast/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838/spread-wideners-private-credit-color-2026-risks
Text version: https://stenobird.com/podcast/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838/spread-wideners-private-credit-color-2026-risks.md
Podcast: [Van Hesser's 3 Things in Credit - A KBRA Podcast](https://stenobird.com/podcast/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838)
Published: 2025-12-12T17:39:20+00:00
Episode link: https://podcasters.spotify.com/pod/show/kbra981/episodes/Spread-Wideners--Private-Credit-Color--2026-Risks-e3c98t6
Audio file: https://anchor.fm/s/109cbc12c/podcast/play/112550246/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2025-11-12%2F97231193-057c-bded-8691-dfb023f1f38a.mp3
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JSON: https://stenobird.com/v1/public/podcasts/van-hesser-s-3-things-in-credit-a-kbra-podcast-4507838/episodes/spread-wideners-private-credit-color-2026-risks
Duration seconds: 783

## Resource

This week, our 3 Things are: 1. Spread wideners. Dormant forces have awakened. 2. Private credit color. Fresh views from Goldman’s financials conference. 3. 2026 risks. A better-than-expected 2025 is no reason for complacency.

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## Transcript

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