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Fubon Life eyes US credit, shuns US Treasuries

Christina Wang
The Taiwanese insurer is also keen on Formosa bonds and high-dividend stocks, but has zero US Treasuries and is waiting for yields to rise before it buys more foreign fixed income.
Fubon Life eyes US credit, shuns US Treasuries

Fubon Life bought more US investment-grade credit late last year as prices tumbled, but has no exposure to US Treasuries and is awaiting a fresh pick-up in yields before stepping up its investment in offshore fixed income.

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