Japan's PM Resigns: Bond Market Turmoil Ahead

Japan's Prime Minister Resigns: Bond Market Chaos! Shigeru Ishiba's sudden departure triggers a bond sell-off, sending long-term yields soaring and sparking global market jitters. Expect looser government spending under the new leader as potential candidates like Sanae Takaichi and Shinjiro Koizumi emerge. Political uncertainty looms until the October election, impacting bond markets worldwide and reducing the likelihood of an imminent Bank of Japan rate hike. Watch upcoming bond auctions closely – volatility is expected! Hosted on Acast. See acast.com/privacy for more information.