The story so far · 2 days, October 18 to 19, 2026

Takaichi rejects blame for weak yen and rising bond yields

One Turn followed this story across 2 editions, from Tokyo, Japan on October 18, 2026. Newest first.

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

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

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Monday, October 19, 2026 · Day 2 · 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.

Sources: CNBC, Japan Times · See it on the globe

Sunday, October 18, 2026 · Day 1 · Politics · Tokyo, Japan

Japanese PM Takaichi's approval falls below 50%

Support for Prime Minister Sanae Takaichi fell below 50% for the first time since she took office, according to Kyodo, possibly reflecting her slow response to the farm minister's resignation. A senior LDP official denied the ex-minister influenced budget cuts.

Why it matters: Weakening support could constrain the government's agenda in the world's fourth-largest economy.

Sources: Japan Times, Japan Times · See it on the globe

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