A significant development has occurred in the debt market. The benchmark 10-year government bond yield has reached a notable level, exceeding 3% for the first time in approximately 30 years. This milestone coincides with a major bond offering by SoftBank, valued at ¥1 trillion, which is aimed at retail investors.

Further information about this bond offering and its impact can be found through additional sources. The details of this event are limited, but it appears to be a significant moment for the debt market.

The timing of this offering is noteworthy, given the current state of government bond yields.