US yen purchases target currency and Treasury risks
Washington’s rare purchase of Japanese yen has put currency intervention, US Treasury stability and global risk appetite into the same market equation, with implications extending to bitcoin and other digital assets. The US Treasury joined Japan on July 31 in buying yen to counter what Tokyo described as excessive volatility and disorderly moves in the currency. Japan’s Ministry of Finance…
We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.
