Japan likely sold foreign securities, including U.S. Treasuries, to help fund its record yen intervention, strategist Tracy Shuchart says. The move highlights the cost of defending the currency despite concern in Washington over Treasury market impact.
published
Japan likely sold foreign securities, including U.S. Treasuries, to help fund its record yen intervention, strategist Tracy Shuchart says. The move highlights the cost of defending the currency despite concern in Washington over Treasury market impact.
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