SoftBank’s 2032 Dollar Bond Drops Most in 10 Weeks Amid AI Selloff
Photo: TokenPost
SoftBank Group’s 2032 dollar bond fell 0.9 cent Friday, Nov. 6, its steepest one-day decline in 10 weeks, as an AI-driven stock selloff pushed into Asian credit markets. SoftBank bonds were among Asia’s weakest performers, and the company’s shares fell as much as 16%. Yield premiums on Asian dollar bonds widened by at least 3 basis points. Credit-default swap prices tied to some U.S. companies affected by the AI stock selloff had jumped before the bond moves. On Thursday, Nov. 5, the average spread on Asian investment-grade dollar bonds climbed to 73 basis points, its highest level since July 2025.
Source: TokenPost
