Japan Post Insurance Says Super-Long-Term Yields Near Peak

Japan Post Insurance Co., one of the nation’s largest life insurers, said that super-long-term yields are nearing their peak and the company plans to shift holdings from foreign to yen bonds on expectations of a US interest rate cut.

“Japanese government bond yields are attractive on a relative and absolute comparison basis,” said Hiroyuki Nomura, executive officer and senior general manager of Japan Post Insurance Co.’s investment planning department, in an interview Tuesday.