The split
US Treasury joins Japan in buying yen in first joint currency intervention in more than a decade
The same story, as told by newsrooms in different countries. Their words, attributed and linked.
Japan/East Asia
Nikkei Asia
“Scott Bessent's to-do list: Buy $5bn-$10bn worth of yen, Reuters photo shows.”
Japan's largest English-language business daily; first major outlet to confirm the actual US Treasury intervention, reporting that a leaked to-do list attributed to Treasury Secretary Scott Bessent showed a planned purchase of US$5bn to US$10bn of yenread the original ↗
United States
CNBC
“It was Washington's first yen-buying intervention with Tokyo in more than a decade as it languishes near 40-year lows.”
US financial news network; provided the historical context, noting it was Washington's first yen-buying intervention with Tokyo in more than a decade, with the yen near 40-year lowsread the original ↗
Japan/East Asia
Japan Times
“Finance Minister Satsuki Katayama is expected to stress the two countries' determination to combat what they consider excessive yen declines.”
Tokyo-based English-language daily; reported Japan's Finance Ministry would officially announce the joint US-Japan action, with FM Satsuki Katayama expected to stress both countries' determination to combat excessive yen declinesread the original ↗