Bloomberg: Japan's corporate credit risks rose 12 basis points in October, the worst decline since September 2022. The increase in the cost of insurance against default (CDS) stems from investor concerns around the artificial intelligence sector and problems in the European auto industry. Pressure on the market is heightened by a record volume of corporate bond issuances, which reached 2.5 trillion yen ($16 billion) during the month, up 50% year-on-year.