When Japan intervenes to stabilize its currency by selling US treasuries, it can lead to increased US yields and reduced market liquidity.
When Japan is forced to intervene in their currency when it hits 150:1 typically it means dumping US treasuries so that can take Yen out of a circulation
When they do this it can cause US yields to rise + a decline in market liquidity. Everyone is waiting to see what Japan does https://t.co/MCrbkBFj9v
— Financelot (@FinanceLancelot) October 20, 2023
Yen 150:1 US Dollars. Basically they really don't want their currency devaluing because it creates all kinds of FX issues, especially when it comes to paying foreign debt that is denominated in Dollars.https://t.co/L8TZwJ1fgM
— Financelot (@FinanceLancelot) October 20, 2023
The Japanese Yen is about to break 150:1 US Dollars perfectly on Options Expiration day. Imagine that pic.twitter.com/FTpZX2aATu
— Financelot (@FinanceLancelot) October 20, 2023
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