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Japan’s Sumitomo Life may shift to foreign bonds if JGB yields stay low

News
Mike Paterson
24/10/2013 | 07:54 GMT
  • plans to gradually reduce ccy hedging on foreign bond investments
  • keeping Japanese stock holdings steady oct-march
  • has increased foreign bond holdings in apr-sept 2013
  • bought a “considerable” amount of yen bonds in apr-sept 2013
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