“Plan to sell” is code for likely happening already and other countries may follow suit
by BoatSurfer600 A Japanese insurer with $65 billion of assets plans to offload all its currency-hedged foreign debt holdings, foreshadowing what may become a renewed wave of selling by some of the biggest investors in global bond markets. Fukoku Mutual Life Insurance Co. is among the first of Japan’s life insurers to lay out investment … Read more