Citi Says Japan Has Yen Defense Tools Beyond Treasury Sales
Japan has alternative tools to defend the yen without liquidating its more than $1.1 trillion US Treasury portfolio as its short-term debt holdings run low, according to Citigroup Inc.
By Matthew Burgess · Bloomberg Markets
Japan has alternative tools to defend the yen without liquidating its more than $1.1 trillion US Treasury portfolio as its short-term debt holdings run low, according to Citigroup Inc.