The joint U.S.-Japan intervention to prop up the yen, the first since the 1990s, has as much to do with protecting U.S. Treasury markets as with helping an ally manage currency volatility, argues expert Rebecca Patterson.
The Dollar Boomerang Threat: Washington’s Motivations to Support the Yen | Council on Foreign Relations
The joint U.S.-Japan intervention to prop up the yen has as much to do with protecting U.S. Treasury markets as with helping an ally manage currency volatility.
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