Mizuho: Sanae Takaichi May Need More Cautious Market Communication

```htmlGolden Ten Data reported on July 10 that Mizuho Securities economist Yusuke Matsuo stated that Japanese Prime Minister Sanae Takaichi may need to adopt a more cautious and market-oriented approach when communicating on highly sensitive issues. Matsuo noted that these topics include the funding source for the planned food consumption tax reduction and her large-scale investment plan. Japanese government bond yields have recently surged as the market fears that political pressure could delay the Bank of Japan's interest rate hike and intensify inflation risks. Japanese Finance Minister Kazuki Katayama emphasized the central bank's independence on Friday, saying that specific monetary policy measures are determined by the Bank of Japan.```