Re-ratings ran hot yesterday (6,802, up from 5,826) but the read stays narrow: financial auxiliary services stood out on the credit-leaning side at 1.8x its share of the day's re-ratings, with accommodation and retail also over-represented there. Information services carried the firmest exit-side skew at 2.1x, though on just six companies, so treat that as a flag to watch rather than a call. With 96% of movement landing in a single day, this is a first snapshot, not a trend — no sector read holds up as "pressure" or "bifurcation" yet.
Anonymised by design: cohorts and counts only, never a named company.
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