SoftBank Leads Asia Bond Losses as AI Rout Spreads to Credit

SoftBank Group was the main drag in Asian dollar bond markets on Friday as the selloff in AI stocks spilled into credit. A Bloomberg-compiled measure showed SoftBank’s U.S.-dollar bond due in 2032 fell 0.9 cents on Friday, marking its biggest daily drop in 10 weeks. The decline comes as investors reprice risk across sectors connected to artificial intelligence, extending pressure from equities into bond markets. The brief doesn’t specify yields, spread widening, or broader performance for other issuers beyond noting that SoftBank led the regional losses.