$TRUMP
๐ฏ๐ต ๐บ๐ธ Japan likely sold U.S. Treasuries to pay for its record defense of the yen...
Tokyoโs foreign securities holdings dropped $87.8 billion in August, close to the size of a ยฅ15.4 trillion ($98.6 billion) intervention through Aug. 26, the largest monthly operation on record.
A Finance Ministry briefer said intervention helped drive the reserve decline. Washington joined the campaign on July 31, the first coordinated yen support since 1998.
That cooperation now sits next to a problem Sec. Bessent has been watching: Treasury-market stability heading into the midterms...
How long will the U.S. be comfortable funding it?
Source: Japan Times
#TrumpNFT #JapanCrypto
๐ฏ๐ต ๐บ๐ธ Japan likely sold U.S. Treasuries to pay for its record defense of the yen...
Tokyoโs foreign securities holdings dropped $87.8 billion in August, close to the size of a ยฅ15.4 trillion ($98.6 billion) intervention through Aug. 26, the largest monthly operation on record.
A Finance Ministry briefer said intervention helped drive the reserve decline. Washington joined the campaign on July 31, the first coordinated yen support since 1998.
That cooperation now sits next to a problem Sec. Bessent has been watching: Treasury-market stability heading into the midterms...
How long will the U.S. be comfortable funding it?
Source: Japan Times
#TrumpNFT #JapanCrypto
