KKR Sees Less Room for Error as Credit Market Grows Unforgiving

KKR’s Chris Sheldon on Credit Strategy, Spreads, M&A

Credit markets are growing less forgiving, and missteps will cost investors more in 2026, according to KKR & Co.

Losses from a recent selloff in software-company debt have underscored the need to diversify and lean toward higher-quality credit, the firm said in a quarterly note to clients.