Prime Minister Sanae Takaichi faces a crucial markets test in the final run-up to a snap election this weekend where she is hoping a decisive victory will give her a mandate for expansionary fiscal policy.
The Finance Ministry will auction some ?700 billion ($4.5 billion) of 30-year government bonds on Thursday, three days before polls open.
It¡¯s a tenor that has been hypersensitive ?to worries about a loosening of fiscal restraint, suffering a rout last month as investors balked at Takaichi¡¯s pledge to ?suspend ?the consumption tax on food.
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