CREDIT DAYBOOK AMERICAS: Caliber Collision Is Among Loans Due

Caliber Collision’s $2.73 billion refinancing deal led by Bank of America is among four leveraged loans with commitments due Thursday. Watch Delta bonds after the airline’s outlook missed estimates.

• Credit risk gauges are mostly flat this morning, alongside steady equity-index futures, as traders await inflation data for reassurance that bets on Federal Reserve interest rate cuts are warranted
  • Bloomberg Economics expects June’s CPI report, due at 8:30 a.m. New York time, to be a “really good” reading, to borrow Fed Chair Jerome Powell’s characterization of recent inflation prints
  • The Fed’s preferred inflation gauge, due later this month ...