Japanese government bond yields rise to records as elections fuel budget concerns; stocks and yen fall

Japanese government bonds (JGBs) fell, sending yields to record highs, while Tokyo stocks and the yen also fell after Prime Minister Sanae Takaichi’s call for early elections shook confidence in the country’s fiscal health.Takaichi’s new campaign promise to cut sales taxes on food sent the yield on 20-year Treasury notes soaring as much as 19.5 […]