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Economy · Tokyo, Japan ·

Takaichi rejects blame for weak yen and rising bond yields

Japanese Prime Minister Sanae Takaichi denied her policies were behind the yen's weakness or higher government bond yields, as Tokyo steps up English-language outreach to foreign investors, who hold 13% of JGBs.

Why it matters

Japan's bond market and currency affect global capital flows.

Background

Takaichi favours expansionary fiscal policy. Japan carries the highest public debt among rich nations.

The story so far

  1. Japanese PM Takaichi's approval falls below 50%
  2. Takaichi rejects blame for weak yen and rising bond yields

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Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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