Kashkari Says ‘Not Sure’ on Interest Rate Moves by September

Meiji Yasuda’s Paper Bond Losses Jump Eightfold as Rates Climb

(Bloomberg) -- Four of Japan’s biggest life insurers reported about $60 billion of combined unrealized losses on their domestic bond holdings for the latest fiscal year, underscoring the risks they face as interest rates climb. For now, they aren’t overly concerned. Most Read from BloombergNY Private School Pleads for Donors to Stay Open After Declaring BankruptcyUAE’s AI University Aims to Become Stanford of the GulfNYC’s War on Trash Gets a Glam SquadPacific Coast Highway to Reopen Near Malibu

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