Japan Life Insurer With $210 Billion Is Wary on U.S. Treasuries

  • ‘We can’t buy U.S. Treasuries’: Sumitomo Life’s Takahashi
  • Hedging costs have more than doubled from a year ago

It’s not just Bill Gross and Jeffrey Gundlach -- one of Japan’s biggest institutional investors is also becoming cautious on U.S. Treasuries.

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