A Currency Trader at Heart, Bessent Bets on Japan’s Yen

A Currency Trader at Heart, Bessent Bets on Japan’s Yen

The New York Times

August 4, 2026 at 04:00 AM

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Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.

Coordinated intervention allowed Japan to support its currency without selling off its U.S. debt holdings.

A Currency Trader at Heart, Bessent Bets on Japan’s Yen

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