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

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

August 3, 2026 at 10:40 PM

Treasury Secretary Scott Bessent wants to defend the yen without selling Treasuries into a sensitive U.S. bond market. The Federal Reserve could help.

Treasury Secretary Scott Bessent wants to defend the yen without selling Treasuries into a sensitive U.S. bond market. The Federal Reserve could help.

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