(Reuters) - Nippon Life, which expects the benchmark 10-year Japanese government bond yield to rise to around 2.0 percent by the end of March 2008, plans to increase its domestic bond holdings by 500 billion yen in fiscal 2007/08.
Half of that increase is likely to be in JGBs and the rest will go to non-JGB issues including asset-backed securities.
Read more at Reuters.com Bonds News
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