Yen sinks as effect of US-Japan intervention fades

(ft.com)

14 points | by petethomas 11 hours ago ago

2 comments

  • cuoder 8 hours ago

    They only sold Euros for this (without ECB even knowing lol), ofc it doesn't last

  • downrightmike 8 hours ago

    The US only intervened because Japan IS mass selling off US bonds to capture all the Yen they can.

    US trying to keep Yen invested in US treasuries.