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Japan Bonds Fall on Growing View BOJ Is Step Closer to Rate Hike

(Bloomberg) Japanese government bonds dropped as traders judged comments from the central bank on Tuesday to be hawkish and brought forward their bets for an interest rate hike in coming months. Most Read from BloombergApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028China Weighs Stock Market Rescue Package Backed by $278 BillionTurkey Approves Sweden NATO Bid, Leaving Hungary as HoldoutAn Isolated Israel Doubles Down on War in Gaza — At All CostsNetflix Pays $5 Billion f

AM Best Affirms Credit Ratings of Meiji Yasuda Life Insurance Company

AM Best Affirms Credit Ratings of Meiji Yasuda Life Insurance Company
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Japan Post Joins Insurers Delaying Bond Buying on Lower Yields

(Bloomberg) Japan Post Insurance Co. is joining other major life insurers in holding off from buying domestic sovereign bonds until yields rise, as speculation lingers that the world’s last sub-zero interest rate policy will end later this year. Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHedge Funds Rake in Huge Profits Betting on Catastrophe RiskPutin Orders Hunt for Property of Russian Empire, Soviet UnionGloom Over China Assets Is Spreading Beyo

Fukoku Waits on BOJ to Scrap Negative Rates Before Buying Bonds

Fukoku Waits on BOJ to Scrap Negative Rates Before Buying Bonds
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Meiji Yasuda Life Insurance to avoid Japan sovereign bonds for now

Japanese life insurers are the main buyer of bonds due in more than 10 years and typically increase purchases toward the end of the fiscal year.

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