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Why is the US Treasury propping up Japanese yen? Experts explain
The Japanese yen recently touched its lowest value against the dollar in 40 years.
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marketplace.org
Why did the U.S. just spend billions to prop up the Japanese yen?
The U.S. wants to prevent Japan selling more U.S. bonds to stabilize the yen, which would send yields higher and interest rates up for U.S. consumers.
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straitstimes.com
Why Japan is propping up the yen – and why the US helped
The yen’s weakness has become a worry for the US. Read more at straitstimes.com. Read more at straitstimes.com.
