Japan Bonds Wobble on New Leader Takaichi

Group 1 - Fixed-income investors are monitoring Japan closely due to record-high yields on longer-dated bonds following significant political changes [1] - The ruling Liberal Democratic Party has appointed Sanae Takaichi as its new leader, potentially making her the first female prime minister of Japan [1] Group 2 - Takaichi is known for her growth-oriented policies, advocating for looser monetary policy, increased fiscal stimulus, and extensive structural reforms [2] - Concerns have been raised regarding Japan's debt sustainability due to Takaichi's proposed economic strategies [2]