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US-Japan Yen Intervention Signals Treasury's Market-Stability Playbook

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Source: Axios
US-Japan Yen Intervention Signals Treasury's Market-Stability Playbook
Photo: Axios
TL;DR

The U.S. and Japan coordinated currency-market intervention to strengthen the yen without triggering large U.S. Treasury sales, signaling a Treasury goal of stabilizing global markets amid rising long-term rates and carry-trade concerns.

Topics:businesseconomy#carry-trade#currency-intervention#economy#global-markets#treasury#yen
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  1. The message beneath the yen intervention  Axios
  2. The US has stepped in to buy Japanese yen. Why?  CNN
  3. How big was the American JPY intervention?  Financial Times
  4. U.S. dollar weakens sharply against the Japanese yen after market interventions  NPR
  5. How Safe Is the Yen Under the US Umbrella?  Bloomberg.com

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