Japanese Life Insurers Face $200 Billion in Unrealized Losses as Bond Yields Soar

As Japanese Bond Yields Soar, Unrealized Losses At Life Insurers Hit $200 Billion

As Japanese Bond Yields Soar, Unrealized Losses At Life Insurers Hit $200 Billion With Japanese bonds in freefall every day, pushing yields on 10Y JGBs to a 3 decade high, just shy of 3%... ... the time to pay the piper is fast approaching as unrealized losses on domestic bonds at Japan's major life insurers have soared to 30.86 trillion yen ($194 billion) as of the end of June, up 60% year-on-year, and trillions more since then, revealing the downside of the rising interest ...

By Tyler Durden