Takaichi Approval Falls to Post-Inauguration Low as Strategists Warn on Yen, Bonds
Updated
Updated · Bloomberg · Jul 27
Takaichi Approval Falls to Post-Inauguration Low as Strategists Warn on Yen, Bonds
3 articles · Updated · Bloomberg · Jul 27
Summary
Recent local media polls put Sanae Takaichi’s approval at its lowest level since taking office, though support still sits above 50%.
Strategists say the slide could push her government toward looser spending and tax policy to shore up support, a shift that may unsettle investors.
That risk centers on Japan’s yen and government bonds, where markets could react negatively if fiscal discipline appears to weaken.
In parliament Monday, Takaichi said she had not analyzed the specific reasons for the drop but would treat the polls as a reflection of public sentiment.