Japan Post Insurance to Shift to High-Yield Bonds as Rates Rise
Japan Post Insurance Co. plans to sell holdings of lower-yielding government bonds and replace them with higher-yielding debt on expectations for further interest-rate hikes, according to its chief executive officer.
By Nao Sano · Bloomberg Markets
Japan Post Insurance Co. plans to sell holdings of lower-yielding government bonds and replace them with higher-yielding debt on expectations for further interest-rate hikes, according to its chief executive officer.