Japanese Prime Minister Sanae Takaichi: If yields move abnormally, Japan will reassess its fiscal situation.

date
07/10/2026
Japanese Prime Minister Sanae Takaichi, when taking questions from lawmakers in the Diet, said that if government bond yields experience unexpected fluctuations, the Japanese government will reassess its revenue and expenditure plan as needed. She said that, considering both intensity and timeliness, cutting the consumption tax on food and issuing cash subsidies is the optimal economic measure at present. When the government compiles the budget, it will clarify the details of the subsidies, including the source of funds. It will flexibly use reserve funds to respond to various external shocks. She will not comment on specific yield or exchange rate levels.