Japanese government bonds saw gains as traders assessed the economic plans of potential prime ministers. The 10-year JGB yield decreased. This occurred amidst global concerns and domestic political uncertainty. Sanae Takaichi suggested issuing more JGBs. Shinjiro Koizumi proposed funding spending through tax revenue increases and spending cuts. A Koizumi victory could lead to unwinding of certain trades.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets