Nikkei: "Japan life insurers set to cut JGB holdings by $9bn" ...Middle East

According to their disclosed asset management plans, four of the top 10 insurers intend to reduce their JGB positions during the first half of the fiscal year, which began in April. Notably, Nippon Life Insurance will trim its holdings for the first time since fiscal 2016.

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ps. Japan is on holiday today, markets are closed.

This article was written by Eamonn Sheridan at www.forexlive.com.

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