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Long-term bonds lead JGB rally on PM Takaichi's 'responsible' stimulus pledge

Japanese government bonds rallied on Thursday, particularly, as investors reacted positively to Prime Minister Sanae Takaichi's pledge for "responsible" stimulus following her electoral victory. This reassurance led to falling yields across various tenors, including the 40-year and 30-year JGBs, as the market digests her commitment to fiscal prudence. [...]