By Makiko Yamazaki TOKYO, Jan 26 (Reuters) - Japan's top currency diplomat Atsushi Mimura said on Monday the government will maintain close coordination with the United States on foreign exchange and act appropriately,

Japanese government bonds and the yen have sold off in recent weeks on concern over Takaichi's expansionary fiscal policy

Japan’s Prime Minister Sanae Takaichi has dissolved the lower house of Parliament, paving the way for a Feb. 8 snap election.

By Leika Kihara and Takaya Yamaguchi TOKYO, Jan 26 (Reuters) - Any Japanese intervention to prop up the yen will have limited effect in sustainably halting the currency's slide, former Finance Minister Yoshihiko Noda,

Japanese Prime Minister Sanae Takaichi dissolved parliament on Friday ahead of a snap election on February 8, counting on her cabinet's high poll numbers to steer her otherwise unpopular ruling party to victory.

The rise in Japanese bond yields is an "explicit warning" that the US could see its own bond market revolt, Ken Griffin said.

Foreign exchange markets are starting the ​week on edge amid the possibility of official yen buying to build on the currency's spike on Friday and a subsequent pledge by ‌Prime Minister Sanae Takaichi to act against speculative moves.

The company involved in the 2011 disaster restarted one of seven reactors at Kashiwazaki-Kariwa, the world’s biggest nuclear power plant, in a test for Japan’s nuclear power industry.

The Japanese government may intervene in the forex market to stop the rapid weakening of the yen if the currency weakens beyond 159 against the dollar, said Daiwa Securities.

Japan's yen is surging and dragging down the dollar across markets, as rate checks have investors on high alert over the risks of the first joint U.S.-Japan currency intervention in 15 years.