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Japan Post Insurance to Shift to High-Yield Bonds as Rates Rise

2 months ago01 mins
Close-up of a person holding a home insurance policy on a clipboard, captured indoors.
📖
1 min read • 35 words

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.

Close-up image of an insurance policy with a magnifying glass, money, and toy car.
Image: Vlad Deep / Pexels

Source: Bloomberg

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