Why the World Is Watching the Yen
Why now
Thesis: Yen at lows raises intervention and carry-trade risk.
Catalyst to watch: BOJ intervention or policy shift.
Main risk: Carry-trade unwind whipsaws dollar.
Why it matters
Yen weakness at multi-decade lows invites intervention risk, which can whipsaw dollar and carry trades.
Details
The Japanese yen is trading at levels not seen since the 1980s. It’s good news for tourists but a headache for the economy. Now, US Treasury Secretary Scott Bessent is getting involved. Here’s why. Bessent Says US Yen Intervention Was ‘Nominal,’ Backs US Exports: https://bloom.bg/4hbwFz8 Treasur
Sources
- youtube · 2026-09-17 00:00 UTC