Reported 3 days ago
Sanae Takaichi’s unexpected election as the first female leader of Japan’s ruling Liberal Democratic Party has significantly impacted financial markets, causing the yen to weaken and long-term bond yields to rise, while equities soared to record highs. Investors are adjusting their strategies in light of potential government spending under Takaichi's pro-stimulus policies, amid concerns about future interest rate hikes by the Bank of Japan.
Source: YAHOO