🚨 The U.S. Treasury has reportedly stepped into the FX market to support the Japanese yen for the first time in nearly three decades.

Following the yen’s plunge to its weakest level against the U.S. dollar since 1986, the Treasury is said to have sold euros and purchased yen through Goldman Sachs and Morgan Stanley, marking a rare coordinated intervention with Japan, according to the Financial Times. 🇺🇸🇯🇵

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