CarlBMenger on Nostr: BREAKING: Norinchukin Bank, one of #Japan's largest institutional investors, has ...

BREAKING: Norinchukin Bank, one of #Japan's largest institutional investors, has announced plans to sell approximately 63 billion U.S. dollars in overseas bonds to prevent default after wrong bets on interest rates.

https://www.japantimes.co.jp/business/2024/06/20/companies/japan-norinchukin-bank-losses/