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09 Sept 2026 · 15:59 GMT+3

Japanese Yen: Intervention risk and JGB appeal – BNY

BNY’s Geoff Yu notes USD/JPY slipping back below 153 as markets heed U.S. Treasury Secretary Scott Bessent’s warning on testing Japanese Yen intervention. The report stresses that a sustained move depends on a broader Bank of Japan tightening cycle.

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