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Japan Insurers Sold Domestic Super-Long Bonds as Yields Soared (opens original article in a new tab)

TL;DR

Japan's insurers sold domestic super-long government bonds in May as yields rose to multi-decade highs, reversing their earlier stance at the start of the fiscal year.

  • Japan's insurers sold domestic super-long government bonds in May
  • Yields on bonds climbed to multi-decade highs
  • Insurers reversed course from the start of the fiscal year

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