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Japan stocks soar to record, super-long bonds steady in nod to Takaichi's 'responsible' stimulus
The Economic Times· 2026-02-09 06:41
The yen initially declined to a record trough against the Swiss franc, but rapidly switched direction after a warning about potential Takaichi's Liberal Democratic Party won a landslide 316 of the 465 seats in parliament's lower house in Sunday's snap election, giving her a solid mandate to push through big spending and promised tax relief.But she has repeatedly stressed that her stimulus plans will not blow out the nation's finances, a major concern for markets given Japan already has the developed worl ...