$iShares 20+ Year Treasury Bond ETF (TLT.US)$ Norinchukin Ba...

$iShares 20+ Year Treasury Bond ETF(TLT.US)$ Norinchukin Bank, Japan's fifth largest bank, suddenly announced that it would sell more than 10 trillion yen (about 460 billion yuan) of U.S. Treasuries and European bonds in the year ending March 2025 to make up for huge unrealized losses. The bank expects that with the sale of bonds, the net loss for the fiscal year ending March 2025 will rise to 1.5 trillion yen (about 70 billion yuan). Currently, Norinchukin Bank's asset management scale is as high as 840 billion US dollars (about 6.1 trillion yuan). Therefore, the market is highly concerned about Norinchukin Bank's sale of U.S. bonds. Some analysts believe that the bank's large-scale sale may have a considerable impact on the U.S. bond market.