00:02you're listening to ai prism from seoul economic daily three numbers before you look at anything
00:08else cost be down 3.73 percent to 5552.74 softbank's credit risk at a four-year high
00:18and japan's 20-year bond auction just posted record demand samsung electronics fell 2.98
00:25percent and sk hynix dropped 4.23 as target price cuts outnumbered raises four to one this week
00:32softbank's five-year cds spread hit 432 basis points its highest since late 2022 as ai-funded
00:41borrowing concerns spread beyond core weave korean retail investors poured 267.67 million dollars
00:49into a triple leveraged korea etf that lost over 40 percent of its value in a week
00:54and meta reports earnings today a live test of whether ai capex is actually paying off
01:01it's wednesday october 21st here's what today's story could mean for the korean market
01:07posby's slide is being driven by the same global ai credit anxiety hitting markets everywhere
01:13now compounded by a stronger one squeezing exporter earnings into year-end softbank's credit risk
01:20spike shows the core weave style worry about debt funded ai spending has spread to japan right as
01:26japanese government bond yields climb to multi-decade highs yet domestic and overseas retail investors
01:32are both treating the plunge as a buying opportunity piling into leveraged products even as they post
01:38steep losses here's what the numbers show the cosby fell 215.27 points or 3.73 percent to close at
01:495552.74 on october 20th down 20.72 percent over 10 sessions brokerages issued 210 target price
01:58downgrades against 50 upgrades over the past week a four to one ratio softbank's five-year credit default
02:05swap spread climbed to 432 basis points more than 130 basis points above nissan japan's next
02:13riskiest major issuer japan's 20-year bond auction drew a bid to cover ratio of 5.84 versus 4.01
02:21at the
02:21prior sale pulling the yield down to 3.710 percent korean investors bought 267.67 million dollars of the
02:31triple leveraged koru etf and 1.35 trillion one or roughly one billion dollars across three domestic
02:40leveraged etfs in a single week investor deposits waiting on the sidelines fell to 92.1 trillion one
02:48or roughly 70 billion dollars the lowest level in nine months so what does this mean for your positions
02:56into tomorrow's session earlier we said softbank's credit risk just hit a four-year high on ai-funded
03:03borrowing concerns here's what that actually means for you the core weave style credit story is no longer
03:09a u.s only risk factor it's showing up in asian credit markets too and that's part of what's keeping
03:16a lid on any cosby bounce with meta's earnings landing today and brokerages still cutting targets
03:22four to one expect volatility to stay elevated regardless of which way the index moves first
03:29meta's october 21st earnings and whether ai capex guidance eases or deepens the sector's credit
03:36worries whether cosby holds the 5100 to 5340 range several brokerages flagged as the next technical floor
03:45further moves in softbank cds spread and any read-through to korean ai infrastructure linked
03:51names that's today's ai prism stock investors this episode was produced with ai assistance based on
03:59seoul economic daily reporting and reviewed by a human editor ai prism is a won ifra award-winning
04:06series we'll be back tomorrow episode title three numbers before the open cosby softbank credit risk
04:14on demand october 21st 2026 episode description softbank's credit risk just hit a four-year high
04:23and it's not just a japan story cosby fell 3.73 percent to 5552.74 down 20.72 percent over
04:3410 sessions
04:35with samsung electronics and sk hynix both dropping over 2.9 percent softbank's five-year cds spread
04:43climbed to 432 basis points its highest since 2022 as ai funded borrowing concerns spread from core
04:51weave to japan even as a record demand japanese bond auction pulled yields lower korean investors piled
04:58into leveraged korea etfs despite steep losses while brokerages kept cutting cosby targets four to one
05:05with meta earnings landing today traders are watching whether ai capex guidance calms or deepens the credit
05:12story sources sources brokerages slash cosby targets as index nears 5100 seoul economic daily october 20th
05:232026 softbank credit risk hits four-year high as japan bond demand surges seoul economic daily october 20th
05:322026 retail investors pile into triple leveraged korea etf despite weekly loss seoul economic daily october
05:4120th 20th 20th 2026 about ai prism ai prism is seoul economic daily's juan ifra award-winning newsroom
05:50ai prism ai prism is seoul you've been listening to ai prism from seoul economic daily
