Hints Of U.S. Treasury Intervention To Support The Yen

U.S. Treasury Secretary Scott Bessent is actively supporting the Bank of Japan in stabilizing the yen amid policy and fiscal uncertainty. BOJ faces surging bond yields, illiquid JGB markets, and political risk from fiscal stimulus and a snap election, complicating monetary normalization.


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Source: https://seekingalpha.com/article/4862605-hints-of-us-treasur…