SoftBank Group is trading 4.6% down now at ¥5,020 after investors reacted to sharply higher Japanese government-bond yields and renewed risk aversion.

  • Japan’s 10-year yield reached 3% on September 1, its highest level since 1996, raising concerns about financing costs for SoftBank’s heavily leveraged AI investment strategy.
  • The planned Â¥1 trillion retail bond sale, with a 4.3%-4.9% indicative coupon, adds debt-financing pressure ahead of September 4 pricing.
  • No fresh company-specific announcement clearly explains the September 2 move.