Japan’s 10-year government bond yield rose above 1.65% on Thursday, snapping a two-day decline amid growing speculation that new Prime Minister Sanae Takaichi will announce a large-scale stimulus package as early as next month. Reports indicated the plan could exceed last year’s 13.9 trillion yen initiative aimed at helping households cope with inflation. Takaichi, confirmed as prime minister on Tuesday, is expected to pursue expansionary fiscal policies while maintaining support for accommodative monetary measures. Meanwhile, the Bank of Japan is widely anticipated to keep rates unchanged next week, with markets now projecting the next rate hike in January.