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Japan Likely Sold Treasuries to Fund Record Yen Intervention

Source: Bloomberg

Currency & FXMonetary PolicyCredit & Bond Markets

Japan is reported to have sold part of its foreign securities holdings, including US Treasuries, to help fund its record currency intervention over the past month. The actions suggest sustained pressure in FX markets and potential modest spillover into global Treasury flows, though no specific dollar/bps amounts were cited in the report.

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