CNBC Daily Open: Watch Japan's yen and government bond yields as Takaichi storms to an election victory

Group 1: Japan's Political Landscape - Japan's Prime Minister Sanae Takaichi and the Liberal Democratic Party (LDP) achieved a supermajority in the recent election, allowing them to hold two-thirds or more seats in the Lower House [1] - Takaichi's agenda includes increasing defense spending and suspending certain food-related taxes, which may impact economic policies [2] Group 2: Market Reactions - Following the election results, Japanese stocks reached a record high, and the yen strengthened to 156.88 per dollar, indicating renewed investor confidence [2] - In the U.S., major stock indexes showed positive movement, with the Dow Jones Industrial Average rising 2.47% to close above 50,000 for the first time, and the S&P 500 and Nasdaq Composite also experiencing significant gains [4] Group 3: Cryptocurrency Trends - Bitcoin's price surged to $70,312.88, reflecting an increase of over 11% in one day, suggesting that investor confidence in cryptocurrencies remains strong despite previous market fluctuations [5]