Wednesday, February 21, 2018

Yen Surge Ends $353 Billion Insurer's Wait to Buy US Bonds

Bloomberg Yen Surge Ends $353 Billion Insurer's Wait to Buy US Bonds Bloomberg Meiji Yasuda Life Insurance Co. is boosting purchases of unhedged U.S. debt, encouraged by the yen's strong start to 2018 and rising yields. "The time for unhedged buying has finally come," Shinji Inoue, a manager of investment planning department at ... and more »...(read more)
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