SoftBank CDS spike 12bp to 4-year high of 432 on OpenAI $30BN raise news

SoftBank's credit default swaps spiked 12 basis points overnight to a new four-year high of 432, following news that OpenAI is rushing to raise $30 billion at a $1.4 trillion valuation from SoftBank and MGX.

Detected & updated continuously · Source: Nebula