FireTofu
US-Japan yen intervention reflects pragmatism behind show of 'friendship'

World · en

US-Japan yen intervention reflects pragmatism behind show of 'friendship'

Nikkei Asia · Aug 4, 2026, 5:04 PM UTC

NEW YORK/WASHINGTON -- The intervention by the U.S. and Japan to shore up the yen involved Washington lending dollars with Treasury bonds as collatera