Japanese banks and insurers return to domestic bonds as yields surge

Japanese banks and insurers are increasingly turning their focus back to domestic bonds as domestic yields surge, signaling a potential shift in strategy after decades of seeking higher returns abroad. This move could have significant implications for Japan’s domestic economy, potentially leading to increased liquidity and investment within the country. The trend reflects a cautious optimism that domestic yields can now compete with international markets, influencing capital flows and economic policy. For more details, check out the full article on the Financial Times website.