After record selling spree, Japan’s top insurers weigh buying U.S. bonds again

www.reuters.com/article/japan-insurers-bonds-idUSL4N2LM10V

• Executives at Japan’s top four insurers, which manage more than $1.6 trillion in assets, told Reuters U.S. bonds are becoming attractive at yields near 2%.
• Japanese life insurers have been selling foreign bonds for eight months since July, their longest net-selling streak since the Ministry of Finance started compiling the data in 2005, mostly shifting to domestic bonds.
• “If 10-year Treasury yields rise above 1.8%, that would also be a signal to reduce exposure to emerging market debt.”