You are here

Sumitomo Life wary of US govt bonds due to rising costs, low yields


SUMITOMO Life Insurance Co plans to add mainly corporate and mortgage debt in the United States, while avoiding government bonds in the country because of rising hedging costs and lower sovereign yields.

Japan's fourth-biggest life insurer with about US$210 billion in

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom