July 27, 2025 06:47 PM GMT Global Credit Brief M Global Idea What Will it Take to Widen? If you've enjoyed our Credit Research, we'd greatly appreciate your support in the 2025 Extel Global Fixed Income Poll. Our team is competing in the Credit Strategy (IG, HY and Credit Derivatives) and Sector Credit categories. From all of us in the Morgan Stanley Global Credit Research team...thank you! Morgan Stanley & Co. International plc+ Andrew Sheets Strategist Andrew.Sheets@morganstanley.com +44 20 7677-2905 Low ...