Lifers Bet on Public Debt as Corporate Sales Flag

Lifers Bet on Public Debt as Corporate Sales Flag

Nippon Life Insurance Co., right, Dai-ichi Life Insurance Co., left, Meiji Yasuda Life Insurance Co., second from right, and Sumitomo Life Insurance Co. are accumulating government bonds, after they bought about 3.1 trillion yen worth in the first half, according to Mizuho and Nomura. Photographers: Tomohiro Ohsumi and Haruyoshi Yamaguchi/Bloomberg