Historic ruling coalition victory and key issues for bond market: Lower House election results
Key points
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Lower House election ends in historic victory (352 seats) for ruling coalition, with LDP alone securing two-thirds majority
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Having won voters' support, Prime Minister Takaichi is expected to move forward with realization of "bold policies and reforms that may divide public opinion"
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Bond market nervously awaits outcome of "responsible but proactive fiscal policy"; concerns focused on funding sources and multi-year budget discussions