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Analysis: Federal Reserve may be pulled into Bessent’s effort to support Japan’s yen
GlobeVerge has tracked this story since 2h ago.
Treasury Secretary Scott Bessent wants to defend the yen without selling Treasurys into a sensitive U.S. bond market. The Federal Reserve could help.
Steady / neutral59%
PositivePossible support for stability, investment or market confidence
RiskInflation, volatility, borrowing costs or weaker growth
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