Japan PM Takaichi says draft economic blueprint not cause of bond market rout

Japan PM Takaichi defended a draft economic blueprint that triggered a bond market rout, denying it was the cause of the selloff. Concerns about political interference in monetary policy have grown after the draft called it very important for monetary policy to be guided appropriately to achieve a stronger economy. Takaichi added that interest rates and foreign exchange are determined by multiple factors including U.S. rates and economic indicators.