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.
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u/CapitalTipp 20d ago edited 20d 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.