By Junko Fujita and Rocky Swift TOKYO (Reuters) -Japan's Nikkei share gauge surged past the 47,000 level for the first time on Monday, while the nation's currency and long-term bonds slumped after a party vote positioned fiscal dove Sanae Takaichi to become the next prime minister. The Nikkei 225 Index soared 4.6% to 47,852.29, after earlier passing the 46,000 for the first time ever. The broader Topix gauge was up 2.7%. The 30-year Japanese government bond (JGB) plunged, sending the yield to the brink of a record high. Meanwhile, the yield on the two-year note slid, reflecting expectations of later rate hikes by the Bank of Japan. The yen depreciated more than 1% against the dollar and traded at an all-time low versus the euro. Takaichi was considered to have the most expansionist fiscal
Japan's stocks zoom, yen slumps as Takaichi win dims BOJ hike bets

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