Japan stocks surge to record, bonds slide with yen on Takaichi's landslide election win

Following Prime Minister Sanae Takaichi's resounding electoral triumph, Japanese stocks have soared to unprecedented heights. With her party attaining a supermajority, ambitious spending and tax relief measures are now on the horizon. Meanwhile, the yen has slipped against major currencies, hitting new lows against the Swiss franc, while bond yields are on the rise.