[MARKET ANALYSIS] JGBs declined as Japanese PM Takaichi's election victory paves the way for further stimulus

USTs: -2.5 ticksRemained lacklustre after trickling lower on Friday and with little fresh drivers for the US, while participants look ahead to this week's key releases, including the delayed January Non-Farm Payrolls report which is due on Wednesday and with US CPI scheduled for Friday.Bunds: +1 tickLacks direction in the absence of any major catalysts from the bloc and with ECB Lagarde and Lane scheduled to speak later.JGBs: -36 ticksRetreated following Japanese PM Takaichi's landslide election victory which paves the way for additional stimulus, while she also stated that they will speed up consideration for sales tax cuts.