TOKYO/LONDON -- Yields on ultralong Japanese government bonds are settling down as new Prime Minister Sanae Takaichi's government strikes a relatively restrained tone on fiscal spending and the Bank of Japan remains on track to raising interest rates.
Bonds
Ultralong Japan bond yields cool as Takaichi allays investors' fiscal fears
New leadership doesn't seem poised for undisciplined spending, analysts say
The selection of Satsuki Katayama, center of middle row, as finance minister by new Japanese Prime Minister Sanae Takaichi, bottom center, has eased investor concerns about fiscal expansion. © Reuters
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