Markets Debate If Japan Sold Treasuries When Intervening in Yen

The Federal Reserve’s custody holdings of Treasuries fell for the first time in a month at a time Japan was likely intervening to support its currency, with markets debating whether...

By Masaki Kondo, Ruth Carson · Bloomberg Markets

The Federal Reserve’s custody holdings of Treasuries fell for the first time in a month at a time Japan was likely intervening to support its currency, with markets debating whether the nation offloaded US securities to fund its yen purchases.