Treasury Secretary Bessent said in a letter to Senator Warren that no loans were given to Japan and Japan owes nothing to the Treasury. He described Yen fluctuations as 'pretty well contained' and expressed confidence in BOJ policy.
Sentimentbearish 30
Bearish · 30 of 100
Impact60
medium · sector-wide
Confidence90%
high confidence · 18 wires
Eventdeveloping
v18 · alerts feed only
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Bessent: Japanese government and BOJ will do things that lead to a stronger yenneutral 50 · impact 30
BESSENT: MY BELIEF IS THAT JAPANESE GOVERNMENT AND BOJ WILL DO THINGS THAT WILL LEAD TO A STRONGER YEN-CNBC INTERVIEW
Bessent: yen market pricing in expectations nowneutral 50 · impact 20
US Treasury Secretary Bessent: My belief is that the Japanese government and the BoJ will do things that will lead to a stronger Yen - CNBC Interview.
Bessent: yen moves 'pretty contained' and not disorderlyneutral 50 · impact 30
U.S. TREASURY SECRETARY BESSENT SAYS YEN FLUCTUATIONS ARE 'PRETTY WELL CONTAINED' WHEN QUESTIONED ABOUT DISORDERLY MOVES, ADDING THAT WITH PRIME MINISTER TAKAICHI'S SUPPORT, BOJ GOVERNOR UEDA WILL ACT APPROPRIATELY ON MONETARY POLICY, THOUGH HE WON'T ADVISE ON WHETHER THE BOJ SHOULD CONSIDER BACK-TO-BACK RATE INCREASES.
Bessent: yen moves contained, Japan at end of Abenomics, confident in BOJ Uedaneutral 50 · impact 40
Bessent: yen fluctuations 'pretty well contained' when asked about disorderly movesneutral 50 · impact 40
Bessent: disorderly yen moves can destabilize global marketsbearish 35 · impact 40
Bessent: Law authorizes Treasury FX operations with presidential approvalneutral 50 · impact 20
Treasury used Exchange Stabilization Fund to stabilize Argentina during acute liquidity stress, Bessent saysneutral 50 · impact 20
US Treasury Secretary Bessent warns disorderly yen markets could destabilize global markets, raise US borrowing costsbearish 30 · impact 60
US Treasury Secretary Bessent: No new congressional appropriation was involved, and no credit was extended to Japan.
Bessent: Japan is not at risk for failing to repay debt that isn't thereneutral 50 · impact 20
Bessent: No loans extended to Japan, Japan does not owe Treasuryneutral 50 · impact 10
Bessent: No risk Japan fails to repay debt that doesn't existneutral 50 · impact 10
US Treasury Secretary Bessent: no credit extended to Japan, Japan does not owe Treasuryneutral 50 · impact 40
Bessent sends Warren letter on yen transactionsneutral 50 · impact 15 · this page
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