TOKYO -- Four of Japan's biggest life insurance companies are poised to increase foreign bond holdings with no currency hedge in the coming months, betting that the yen will hold steady.
Four of 10 big companies poised to add to holdings in coming months
Unhedged bets on foreign bonds are exposed to the risk of currency volatility. © Reuters
TOKYO -- Four of Japan's biggest life insurance companies are poised to increase foreign bond holdings with no currency hedge in the coming months, betting that the yen will hold steady.