Analysis:Japan PM's political doom loop worsens her fight with markets

TOKYO, July 29 : Japanese Prime Minister Sanae Takaichi is fighting a losing battle in the polls, making a retreat from promised tax cuts more difficult and denying her officials the political backup they need to talk down yen and bond market bears.Takaichi's approval rating slumped in July to the lowest since she took office last year as rising inflation, blamed in part on high import costs from a weak yen, hit her standing with voters.The prime minister's strong advocacy of fiscal stimulus and harsh criticism of higher interest rates have heightened investor concerns about worsening public finances in Japan, sending bond yields higher.Those bond market anxieties have also blunted official efforts to talk down speculative bets against the yen, government sources said. "Markets are gaining