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Cathay Life, Taiwan Life keep faith in bonds amid global rout

The two insurers argue that a US rate hike will boost bond returns, despite Donald Trump's planned tax cuts and stimulus measures appearing to favour other asset classes.
Cathay Life, Taiwan Life keep faith in bonds amid global rout

Taiwanese insurers Cathay Life and Taiwan Life say they will continue to buy foreign debt – notably US bonds – even as investors flee the asset class in droves. 

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