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Japan's long-dated bond yields rise as PM picks reflationists for key posts
Japanese government bond yields saw an uptick, particularly for longer-term debt, following Prime Minister Sanae Takaichi's appointments of fiscal stimulus advocates to key economic roles. This shift has reignited concerns about government spending, impacting yields across various maturities. Market sentiment remains cautious, with fiscal developments and overseas interest rates now the primary drivers for JGBs. [...]