Sector re-ratings today show accommodation businesses pulling nearly twice their share of credit-leaning moves (2.0x, 11 firms), pointing to borrowing appetite in that corner of hospitality — though the count is modest, so treat it as an early read. On the exit side, information services stands out most sharply (2.6x, on just 6 firms) alongside a steadier legal & accounting cluster (1.6x, 10 firms). With 95% of today's re-ratings landing in a single day, this is a snapshot rather than a trend — worth watching, not yet worth calling.
Anonymised by design: cohorts and counts only, never a named company.
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