Marketplace · Monday, August 3, 2026
The US and Japan have taken joint action to stabilize the Japanese yen, which has been sliding since early May. This intervention is partly motivated by Japan's significant holdings of US Treasury bonds, which it has been selling to support its currency, potentially raising US interest rates.
“buy Japanese yen, 5 to 10 billion dollars.”
“As did the United States and Japan working together over the weekend to prop up the value of the Japanese currency and they hope stop a slide in the yen that started back in early May.”
“Japan is getting rid of its US Treasuries. In other words, it's selling dollars and buying yen in order to stabilize its own currency.”