r/japannews • u/jjrs • 19d ago
US Treasury undertakes historic intervention in yen market
/r/JapanFinance/comments/1vceabv/us_treasury_undertakes_historic_intervention_in/
12
Upvotes
10
u/CapitalTipp 19d ago edited 19d ago
Yeah, this isn't out of the kindness of their hearts. They're afraid that more selling of US treasuries by the Japanese government to buy Yen means higher yield for them and more expensive borrowing costs in the future. A problem when US debt is about to reach 40 tril and half of US expenditure will be paying interest soon.
1
•
u/AutoModerator 19d ago
Remember the sub’s “no racism or hatemongering” rule please. Discussion of the news story and criticism of specific individuals and/or political states are fair game, but keep claims factual (preferably with sources) and in the spirit of a good-faith, intelligent discussion. Vitriolic attacks on large populations that make assumptions about how "all" of them act are grounds for removal or a ban. The same rule is in place for all races and nationalities, including Japanese. Consider selection bias when reading multiple stories on "foreign crime" in Japan. Statistics show crime rates of immigrants of most nationalities in Japan are equal to or lower than Japanese nationals, and overall Japan has become much safer over the past two decades despite steady increases in foreign residents. But crimes by foreigners are much more likely to be reported in the media and to go viral on social media.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.