Japan’s 40-year bond yields surpass 4% for first time
Traders sell sovereign debt ahead of snap election that could give PM Sanae Takaichi fiscal spending mandate
Traders sell sovereign debt ahead of snap election that could give PM Sanae Takaichi fiscal spending mandate

Prime minister has vowed ‘responsible fiscal expansion’ as she heads for an election but needs to convince debt managers

‘Takaichi trade’ gears up as investors bet new government’s plans to boost economy will require big expansion in borrowing

Policymakers to decide on how to proceed with tapering of massive bond-buying programme

Markets have been on alert for government intervention in currency market

Rises in government bond yields and weakness in the yen could have spillover effects on other markets

Currency at lowest since July 2024 after finance minister expresses concern over ‘one-way’ weakening