Japan's Takaichi says national debt is still high, rejects "irresponsible bond issuance"
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Japan's Takaichi emphasizes the high national debt and rejects "irresponsible bond issuance" to calm markets. Despite a ¥18 trillion supplementary budget and a planned ¥122 trillion budget, her fiscal approach faces scrutiny amid bond selloffs and yen depreciation. Takaichi aims to reassure investors, with USD/JPY down 0.6% to 156.07 and 10-year JGB yields down 3 bps to 2.04%. Her stance remains firm, seeking BOJ support to stabilize the situation.
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