TOKYO -- Japan's big life insurance companies are poised to buy more ultra long-term Japanese government bonds, emboldened by the Bank of Japan's move to relax its hold on the high end of the yield curve.
Bonds
Japan life insurers set to buy more ultralong bonds on BOJ policy shift
Closely watched JGB investors have plenty of firepower for purchases
The Bank of Japan's Tokyo headquarters. The BOJ has made its yield curve control more flexible. (Photo by Konosuke Urata)
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