3days ago I predicted this If the photo is true at 0:40s in there’s a note on Bessant‘s ‘to do’ to buy Japanese Yen youtu.be/U-OBpNvXNS8?...
Given the risk to US bond yields and the continued offloading of US debt held by Japan to finance their support of the Yen I would expect the FED to coordinate a significant purchase of Yen with the BOJ to stabilise the Japanese currency