🔴Even Trump has become worried about the Japanese yen! 🇯🇵🇺🇸
🔺According to reports, Trump personally discussed the yen’s weakness with Japan’s Prime Minister, while the Scott Bessent administration continues its efforts to support the Japanese currency.
⬅️ The problem is not only the yen
Japan is one of the largest holders of U.S. bonds
Supporting the yen by selling Treasuries could pressure U.S. bonds and raise yields
That’s why Washington is trying to support the yen in ways that reduce the need to sell those bonds
🔺The yen crisis has become directly linked to the U.S. bond market... and this explains Washington’s great interest in it.
🔺According to reports, Trump personally discussed the yen’s weakness with Japan’s Prime Minister, while the Scott Bessent administration continues its efforts to support the Japanese currency.
⬅️ The problem is not only the yen
Japan is one of the largest holders of U.S. bonds
Supporting the yen by selling Treasuries could pressure U.S. bonds and raise yields
That’s why Washington is trying to support the yen in ways that reduce the need to sell those bonds
🔺The yen crisis has become directly linked to the U.S. bond market... and this explains Washington’s great interest in it.