European Industrial Bonds Face Rising Risks Into 2026: Credit Outlook

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Duration: 5 Minutes

Original Date: December 29, 2025

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European Industrials' balance sheets could remain resilient in the near term, thanks to price increases and robust backlogs, yet bondholders' focus may quickly shift to rising risks. Geopolitical uncertainty, softer shipping rates and tight valuations could be key for industrial spreads in 2026. Names including Maersk, Loxam and Siemens could remain volatile in 2026, our analysis suggests.

European Industrial Bonds Face Rising Risks Into 2026: Credit Outlook

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