Trade or trap? Japan investors bet on Takaichi after landslide
Markets are still working out what a more empowered prime minister will mean for yen and bonds
Markets are still working out what a more empowered prime minister will mean for yen and bonds

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

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

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

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

Surge in equities comes ahead of President Donald Trump’s visit to Tokyo

Markets have been on alert for government intervention in currency market