Japan's life insurers slow government bond purchases amid rising yield expectations
Updated
Updated · Bloomberg · Apr 27
Japan's life insurers slow government bond purchases amid rising yield expectations
5 articles · Updated · Bloomberg · Apr 27
Five of ten major Japanese life insurers expect the 10-year JGB yield to rise by up to 0.5 percentage points to 3%, a three-decade high.
This outlook for further interest rate hikes is prompting insurers to delay increasing their government bond holdings this year.
The cautious approach by life insurers may affect demand for Japanese government bonds and reflects broader uncertainty in Japan's fixed-income markets.
Can Japan's insurers escape their mountain of low-yield bonds without a crisis?
Is Japan's retreat from foreign bonds the trigger for the next global rate shock?
Will Japan's 'Triple-Red' nightmare of falling bonds, stocks, and yen become reality?
With foreign hedge funds now major players, who really controls Japan's bond market?
After decades of deflation, what is the BOJ's true pain threshold for rate hikes?