newsAug 6, 20268:01pending

US buys $5-10 billion in yen to protect US debt

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US Treasury Pressures Federal Reserve on Yen Defense
On July 31, 2026, Treasury Secretary Scott Bessent initiated a rare currency intervention, preparing to purchase $5-10 billion in Japanese yen by selling euros (WSJ). European Commission
The European Commission—the executive body proposing legislation across 27 member states—received 1,000 formal complaints (Politico).

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US buys $5-10 billion in yen to protect US debt

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