Japan Insurers Sold Domestic Super-Long Bonds as Yields Soared

Japan’s insurers sold domestic super-long government bonds in May, reversing course from the start of the fiscal year as yields climbed to multi-decade highs.

By Mia Glass, Masaki Kondo · Bloomberg Markets

Japan’s insurers sold domestic super-long government bonds in May, reversing course from the start of the fiscal year as yields climbed to multi-decade highs.