US Treasury considers first yen intervention since 2011 after Bessent's leaked Camp
US Treasury Secretary Scott Bessent's visible notepad at Camp David on Friday revealed a plan to buy $5-10 billion in Japanese yen, photographed by Reuters during a cabinet meeting. The notation suggested potential currency market intervention, which hasn't occurred since 2011. Japan's authorities had separately supported the yen earlier Friday.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 01 Aug 2026, 00:33 UTC · Updated 01 Aug 2026, 00:50 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections