Equities rally, rising interest rates whet retail investors’ risk appetite

    20260917N BOJ

    Revised flow-of-funds data from the Bank of Japan shows household equity assets exceeding insurance and pensions. (Photo by Nanami Sato)

    AYAKA NAGANAWA and SEIICHIRO TAKITA

    TOKYO — Japanese households’ equity holdings have risen above their insurance and pension assets for the first time on record, revised Bank of Japan figures released Thursday show, as a stock market rally drew in investors.

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