Japan's 30-year bond yield hits record high ahead of key election

Market weighing risk of defeat of LDP-led coalition

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Prime Minister Shigeru Ishiba's government has seen its approval ratings slide as the rising cost of living, including the soaring price of Japan's staple rice, hits households. © Reuters

TOKYO (Reuters) -- Japan's 30-year government bond fell on Tuesday, with the yield hitting a record high, on concerns about the nation's fiscal health ahead of a closely monitored national election at the end of this week.

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