### Bug or Regression

- Fix 121094 by re-introducing the readiness predicate for externalTrafficPolicy: Local services. ([#121116](https://github.com/kubernetes/kubernetes/pull/121116), [@alexanderConstantinescu](https://github.com/alexanderConstantinescu)) [SIG Cloud Provider and Network]

* Fixes a bug in HPA controller so HPAs are always updated every resyncPeriod (15 seconds). ([#72373](https://github.com/kubernetes/kubernetes/pull/72373), [@krzysztof-jastrzebski](https://github.com/krzysztof-jastrzebski))
* IPVS: "ExternalTrafficPolicy: Local" now works with LoadBalancer services using loadBalancerIP ([#72432](https://github.com/kubernetes/kubernetes/pull/72432), [@lbernail](https://github.com/lbernail))

   ([#123674](https://github.com/kubernetes/kubernetes/pull/123674), [@serathius](https://github.com/serathius))
- Fixed a regression in `kube-proxy` introduced in version `1.26.0+` to make externalIPs workwith externalTrafficPolicy: Local.
   ([#121919](https://github.com/kubernetes/kubernetes/pull/121919), [@uablrek](https://github.com/uablrek))

- Kube-proxy in nftables mode now allows pods on nodes without local service endpoints to access LoadBalancer Service ExternalIPs (with `externalTrafficPolicy: Local`). Previously, such traffic was dropped. This change brings nftables mode in line with iptables and IPVS modes, allowing traffic to be forwarded to available endpoints elsewhere in the cluster. ([#133969](https://github.com/kubernet...

* Fix issue of colliding nodePorts when the cluster has services with externalTrafficPolicy=Local ([#64349](https://github.com/kubernetes/kubernetes/pull/64349), [@nicksardo](https://github.com/nicksardo))