Japan s major life insurers are slowly increasing the pace of Japanese government bond purchases in an improved investment environment, although remain restrained as they assess how far yields.
Japanese government bond
yields mostly fell on Wednesday, with those on the longer end of
the curve supported by a firm outcome of a 20-year bond auction
in the previous session. The.
European asset manager Amundi
expects the 10-year Japanese government bond yield to rise
to a level at which it would become attractive to buy by the end
of next year, Vincent Mortier, group chief.
Harris Associates says cautious on Japan, all in on Europe streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Japan s biggest life insurers
plan to add to holdings of superlong Japanese government bonds over the next five months, but are cautious amid risks for
a hawkish turn by the country s central bank. .