US-Japan More Aligned on FX, Katayama Says After Bessent Talks

Japan’s Finance Minister Satsuki Katayama said she had talks over phone with US Treasury Secretary Scott Bessent, a move that only gave the yen a short-lived boost as it hovers...

By Erica Yokoyama, Akemi Terukina · Bloomberg Markets

Japan’s Finance Minister Satsuki Katayama said she had talks over phone with US Treasury Secretary Scott Bessent, a move that only gave the yen a short-lived boost as it hovers near the weakest level in four decades.