A post by @FirstSquawk on X.

SoftBank’s five-year credit default swaps widened 22 basis points to 466 basis points, the highest level since 2022, according to Reuters data cited by First Squawk. The move signals that investors are demanding more compensation to insure against a SoftBank default, reflecting heightened credit risk for the Japanese technology conglomerate. The widening swaps spread matters because it raises the group’s hedging and funding costs and can ripple into its portfolio companies and Vision Fund holdings. Traders will watch whether the spread stabilizes or extends further, and whether rating agencies or bond investors respond with tighter scrutiny of SoftBank’s leverage and liquidity.