GulfBase Live Support
09/04/2010 00:00 AST
The Japanese government bond yield curve remained under flattening pressure on Friday as the superlong sector stayed bullish on continuing purchases from investors such as life insurers, while the market awaited a meeting between the government and the Bank of Japan later in the day.
Futures gained on the strength in superlong debt, which has outperformed the long-end this week on steady buying from investors such as pension funds and life insurers allocating their funds for the new fiscal year which began on April 1.
Mitsui Life Insurance Co said in an interview with Reuters on Thursday that Japan's fifth-largest life insurer is likely to buy 100 billion yen ($1.07 billion) in superlong bonds in the current financial year.
Japan's top nine insurers hold around $1.6 trillion in assets -- about the size of Brazil's economy -- and their investment moves are watched closely by both domestic and overseas market players. For the latest life insurer interview series, click on.
Dealers have also been buying superlongs to replenish their inventories after trimming their books to reduce risk exposures before the previous fiscal year ended on March 31, market players said.
For more on this Click Here
Guardian.co.uk
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
08/01/2026
Goldman Sachs once again dominated the league tables for global dealmaking in 2025, taking market share and the top spot in a year marked by high-stakes political drama and increasingly bigger merger
Reuters
08/01/2026
Eurozone inflation slowed to 2% last month, capping a surprisingly benign year price-wise for ?the currency bloc, even as questions linger about the delayed impact of US tariffs, ?German stimulus and
Reuters
07/01/2026
Elon Musk's artificial intelligence startup xAI announced Tuesday it has raised $20 billion in its latest funding round, surpassing its initial $15 billion target as the company accelerates developme
AFP
05/01/2026
Global investors are facing a fresh surge in geopolitical risk after the US capture of Venezuelan President Nicolas Maduro, a move that could unlock the nation's vast oil reserves and boost risky ass
Reuters
04/01/2026
Chinese automaker BYD surpassed Tesla in full-year electric vehicle sales for the first time in 2025, securing its position as the world's largest electric vehicle seller, according to a Global Times
Times of Oman