0800 GMT - Corporate credit has weathered recent market moves with relative resilience, Jefferies' Mohit Kumar says in a note. Spreads widened on Thursday but a rally in rates markets helped investors focus on total yield perspective, the global economist says. Further spread widening could lure new buyers, he says. "We are not excited by spreads at these levels and some widening would in fact be welcome." Client feedback suggests that a majority of investors are waiting for that modest widening as an opportunity to buy, Kumar says. Jefferies' view remains that there is sufficient liquidity and cash sitting on the sidelines that can continue to support credit. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

February 13, 2026 03:00 ET (08:00 GMT)

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