
Japan may struggle to calm markets tripped up by Takaichi’s taboo tax cut
Japanese Prime Minister Sanae Takaichi may struggle to calm a bond market jolted by her vow to cut the consumption tax rate, a taboo even her mentor and former premier Shinzo Abe – known for his “Abenomics” stimulus policies – dared not break. The damage from rising bond yields is particularly acute for Japan, which ...









