Sanae Takaichi's Rise Sparks Market Volatility and Political Change in Japan

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Source: CNBC
Sanae Takaichi's Rise Sparks Market Volatility and Political Change in Japan
Photo: CNBC
TL;DR Summary

Japan's bond market faces potential upheaval as Sanae Takaichi, a proponent of Abenomics and a more active fiscal stance, is set to become prime minister, raising expectations of higher long-term yields and a steeper bond curve, which could challenge the Bank of Japan's dovish policies and impact global bond markets.

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