Japan’s Use of Fed Facility May Ease Pressure on Treasury Market
Treasury Secretary Scott Bessent’s championing of a Federal Reserve facility Japan can use to boost the yen comes with the benefit of protecting the US bond market from excess sales.
By Cormac Mullen and Matthew Burgess · Bloomberg Markets
Treasury Secretary Scott Bessent’s championing of a Federal Reserve facility Japan can use to boost the yen comes with the benefit of protecting the US bond market from excess sales.