Japan insurers hit with record ¥8.5T bond loss. global bond market on edge as Japan’s giants bleed value.
This isn’t some random financial blip. These unrealized losses are on DOMESTIC GOVERNMENT BONDS, long considered ultra-safe. Now Japan's largest insurers including Nippon Life, Dai-ichi, Sumitomo, and Meiji Yasuda — are sitting on record-breaking paper losses. But WHY? — StockMarket.News …