Core Viewpoint - Japan's long-term government bond yields have reached multi-year highs due to concerns over a potential consumption-tax rate cut linked to an upcoming election, which could negatively impact the country's public finances [1] Group 1 - Long-term government bond yields in Japan surged to multi-year highs on Tuesday [1] - The surge in yields is driven by fears regarding an upcoming election and its implications for fiscal policy [1] - A potential consumption-tax rate cut is seen as a factor that may worsen Japan's public finances [1]