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News Wire / politics

US Treasury Secretary in Tokyo to Defend Yen

Bloomberg Radio Tokyo 1h Impact 5
US Treasury Secretary Janet Yellen was in Tokyo to speak with Japanese officials. The purpose of the visit was to prevent Japan from selling US treasuries to defend the yen.

Topics

currency trade

Developing

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Sources · 7 independent

Bloomberg Radio

“why I think Treasury Secretary was in Tokyo to speak with the Japanese because he does not want the Japanese to sell treasuries to defend the yen”

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