Bessent: I am the house now — don’t bet against the yen

US Treasury Secretary Scott Bessent warned currency traders not to bet against the yen, saying he has “pretty good insight” into BOJ actions after a rare US–Japan intervention and declaring that “I am the house now.” His comments come as the yen rebounded toward ¥153 per dollar and as Washington expands long‑term bond buybacks to at least $4 billion, underscoring increased policy coordination and continued volatility in currency markets.