Japan’s Parliament Dissolution Triggers Nikkei Volatility as Bond Yields Hit Record Highs
Prime Minister Takaichi dissolved Japan’s lower house of parliament on Friday, formally setting the stage for a February 8 general election that will be the shortest campaign in the country’s postwar history. The Nikkei 225, which had rallied sharply in anticipation of the dissolution, experienced intraday volatility as traders took profits on the “Takaichi trade”…