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Nippon Life buys France, Belgium debt amid negative Japan yields

Life insurer also prefers US corporate and mortgage bonds to Treasuries

Tokyo

IN a quest for yields, Japan's largest life-insurer is buying up debt in France and Belgium, and preferring US corporate and mortgage bonds to Treasuries.

Hedging against an appreciating yen is also needed, according to Nippon Life Insurance Co.

The life insurer, with

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