Reported 4 months ago
Japan Post Insurance is showing restraint in purchasing super-long domestic bonds due to concerns over the Bank of Japan's reduced debt purchases impacting the market. Although government bond yields have been rising recently with expectations of further BOJ monetary stimulus cuts, life insurers like Japan Post are slow in increasing their holdings even after the first interest rate hike since 2007. The insurer is cautiously monitoring market developments and gradually ramping up purchases amidst uncertainties about the BOJ's bond-buying reduction plans.
Source: YAHOO