The Chonkerton

Analysis: Federal Reserve may be pulled into Bessent’s effort to support Japan’s yen

business

Treasury Secretary Scott Bessent is seeking to support Japan's yen without selling U.S. Treasuries into a sensitive bond market, per CNBC's analysis. The Federal Reserve could assist with this effort, offering an alternative way to defend the yen without adding market pressure.

Source: https://www.cnbc.com/2026/08/03/bessent-fed-japan-yen-fim...

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