Debt Desk — Debt Desk — October 9, 2026: Gulf Preparations, Iran Pause and Private Credit at Scale
Good morning. It is Friday, October ninth.
Hurricane Isaias is closing in on the northern Gulf Coast, and the preparation phase is giving way to the final hours before dangerous conditions arrive.
The Category 2 storm had maximum sustained winds near 105 miles per hour Thursday evening and was moving north-northeast toward the Alabama and Florida coastline. The most likely landfall zone is near the Alabama-Florida state line late tonight, though the warning area reaches from Mississippi to Florida’s Big Bend. Forecasters are emphasizing life-threatening storm surge, destructive wind and heavy…
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