Bessent had good currency trades in in GBP 1992 and JPY in 2013 but otherwise a basically mediocre fund record w Soros and disastrous record on his own 2000-2011 and again 2015-2025. Why should we be cheering his use of OUR money to intervene in Japan?

Kate Duguid

SCOOP: The US has intervened in the yen market, selling euros and buying yen for the first time since 1998 www.ft.com/content/0f9b...