Treasury Secretary Scott Bessent confirms $5-10 billion coordinated yen intervention with Japan, the first US forex action in over a decade,

A Reuters photo taken over the Treasury secretary's shoulder bears the words, underscored.

It was Washington's first yen-buying intervention with Tokyo in more than a decade as it languishes near 40-year lows.

Tokyo and Washington saw eye to eye on halting yen weakness

Japan's finance ministry confirmed that Tokyo and Washington jointly intervened in currency markets to support the yen for the first time since 2011. The coordinated move…

Trump says US intervening to prop up yen as sign of friendship