Money managers in Japan see conservative buyers like life insurers helping the country reaffirm its position as the biggest foreign holder of Treasurys after heavy selling in recent months.
Apr 14, 2021
As Japan’s life insurers lay out their annual strategies this month, traders will be looking for the answer to one question what do some of the world’s biggest investors plan to do about Treasuries?
With the path of Treasury yields set to determine investments across the financial world, the intentions of a large cohort of the biggest foreign holders of U.S. government debt will be a crucial input. Japanese investors were on track to be net sellers of Treasuries for the sixth year in seven in their fiscal year to March, according to U.S. Treasury data through January. Some predict a return to purchases in 2021.
Treasury traders seek moment of truth from Japan s life insurers japantimes.co.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from japantimes.co.jp Daily Mail and Mail on Sunday newspapers.