New York — US stocks opened at record highs on Monday after Japanese Prime Minister Shinzo Abe’s emphatic win in weekend polls, while US treasury 30-year bond yields hit session lows. The overwhelming election victory for Japan’s ruling party also sent the dollar to a three-month high against the yen, as investors bet the win would mean a continuation of "Abenomics," the ultra-loose policies that have kept downward pressure on the yen. The Japanese yen weakened 0.16% versus the greenback at ¥113.71 per dollar. Benchmark 10-year notes last rose 3/32 in price to yield 2.3719%, from 2.381% late on Friday. The 30-year bond last rose 8/32 in price to yield 2.8809%, from 2.894% late on Friday. Optimism about tax cuts in the US on Friday had pushed Wall Street to a new record, with the Dow and S&P 500 closing at a record high each day of the week. On Monday, the Dow Jones Industrial Average rose 25.07 points, or 0.11%, to 23,353.7 points, the S&P 500 lost 0.36 points, or 0.01%, to 2,574.85...
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