
A New Era Emerges at the Bank of Japan
Asia Centric by Bloomberg Intelligence
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The Impact of Higher JGB Yields on the Japanese Life Insurers
The Japanese banks suffer from low interest rates for a long time. The Japanese life insurers have the exact same thing. For 50 basis points, upward shift in terms of JGB yields can basically allow the life insurers such as Daiichi life and TNT to release about $6 billion worth of capital.
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