In this week's episode of 3 Things in Credit, KBRA Chief Strategist Van Hesser discusses:

1. Amazon just issued $18.5 bn in debt and the biggest question is why. The answer is actually quite straightforward.
2. Inflation—the noise around this continues to build. We’ll frame out the issue for you.
3. The Fed just released its semiannual Financial Stability Report. It’s a good news/bad news story that you should know about.