{
  "id": 15550533,
  "title": "Japan’s Takaichi says plan to maintain issuance of JGB at appropriate level",
  "url": "https://urgent.news/2026/10/19/japans-takaichi-says-plan-to-maintain-issuance-of-jgb-at-appropriate",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T01:07:34.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/japans-takaichi-says-plan-to-maintain-issuance-of-jgb-at-appropriate-level-202610190107"
  },
  "original_language": "en",
  "account": "Japanese Prime Minister Sanae Takaichi stated on Monday that the government has no predetermined plan regarding potential extra budget compilation. She further mentioned that the government intends to maintain the issuance of Japanese Government Bonds (JGB) at a suitable level. Maintaining a robust economy can enhance market confidence in the Japanese Yen. The USD/JPY currency pair experienced a slight decline of 0.07% on the day, trading at 157.90. The value of the Japanese Yen (JPY) is primarily influenced by the performance of the Japanese economy, the Bank of Japan’s policy, the gap between Japanese and US bond yields, and traders' risk sentiment. The Bank of Japan (BoJ) is responsible for currency control, making its actions crucial for the Yen's value. Occasionally, the BoJ has intervened in currency markets to reduce the Yen's value, although it typically refrains from doing so frequently due to political concerns with its main trading partners. Between 2013 and 2024, the BoJ's ultra-loose monetary policy led to a depreciation of the Yen relative to its main peers due to divergent policies between the Bank of Japan and other major central banks. Recently, the gradual unwinding of this loose policy has provided some support to the Yen. Over the past decade, the BoJ's commitment to ultra-loose monetary policy has resulted in a widening policy divergence with other central banks, especially the US Federal Reserve. This divergence has contributed to a widening gap between the 10-year US and Japanese bonds, benefiting the US Dollar against the Japanese Yen. The BoJ's decision in 2024 to gradually end the ultra-loose policy, combined with interest rate cuts in other significant central banks, is narrowing this differential. The Japanese Yen is frequently regarded as a safe-haven investment, meaning that during periods of market turbulence, investors tend to allocate more funds to the Yen due to its perceived reliability and stability. Volatile times are likely to strengthen the Yen's value against other currencies perceived as riskier investments.",
  "summary": "Japanese Prime Minister Sanae Takaichi said on Monday that no preset idea on whether government will compile extra budget. Takaichi added that the government plans to maintain issuance of Japanese Government Bond (JGB) at appropriate level.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Reuters Business via SCMP",
        "title": "China slams Japan’s Takaichi over Yasukuni ritual offering, warns of ‘remilitarisation’",
        "url": "https://urgent.news/2026/10/18/china-slams-japans-takaichi-over-yasukuni-ritual-offering-warns-of",
        "published": "2026-10-18T07:58:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}