Japanese stocks swept to record peaks while bonds slid and the yen sagged to an all-time low against the Swiss franc after Prime Minister Sanae Takaichi scored a landslide win in Sunday's snap election.

An increased parliamentary majority could allow her to draw Japan closer to the U.S. and spend more on defense and industrial policy.

Japanese stocks soared to record highs Monday after Prime Minister Sanae Takaichi's election triumph, but experts warned that the country's first woman leader could struggle to keep both voters and

Japanese stocks swept to record peaks while bonds slid after Prime Minister Sanae Takaichi scored a landslide win in Sunday's snap election. Takaichi's Liberal Democratic Party won 316 of the 465 seats in parliament's lower house,