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Story summary
- Prime Minister Sanae Takaichi is issuing English briefings to foreign investors to calm market concerns.
- Investors are scrutinizing how the administration will fund a sales-tax cut and higher defense spending without raising debt.
- Japan’s 10-year government bond yield topped 3% last month, a level not seen in three decades.
- The rapid rise in yields since Takaichi took office a year ago has spooked many investors.