Japan’s Life Insurers Are Dumping Foreign Bonds at a Record Pace
Stung by crippling hedging costs and tempted by higher yields at home, Japan’s life insurers are bailing out of foreign bonds at a record pace.
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### Instruction: Japan’s Life Insurers Are Dumping Foreign Bonds at a Record Pace

### Response: Stung by crippling hedging costs and tempted by higher yields at home, Japan’s life insurers are bailing out of foreign bonds at a record pace.