Japanese government bond yields are rising as election promises fuel budget fears

Yields on long-term Japanese government bonds (JGBs) shot to record highs on Tuesday on concerns that tax cuts touted across the political spectrum ahead of February’s elections will test already stressed public finances. Demand fell at an auction of 20-year debt, which seemed to open the floodgates and send yields into uncharted territory where buyers […]

Rock and rule: Japan’s first female Prime Minister Sanae Takaichi still plays heavy metal and loves Metallica – The Times of India

Sanae Takaichi made history on Tuesday as Japan’s first female prime minister, but she is no ordinary politician. At 64, the new leader is a devoted heavy metal fan who still plays the drums at home when she feels stressed.“I play after he goes to sleep,” she joked during a recent interview with a Japanese […]