US Treasury Secretary Yellen: (Regarding writing "Buy yen" in a notebook) The purpose is to ensure that reporters can see it. Noticed excessive volatility in the Korean won. (Regarding yen intervention) Remains optimistic about Japan's policy path. Intervention can send a signal to the market, but policy is key, and will not prejudge what the Bank of Japan should do.

US Treasury Secretary Yellen: (Regarding writing "Buy yen" in a notebook) The purpose is to ensure that reporters can see it. Noticed excessive volatility in the Korean won. (Regarding yen intervention) Remains optimistic about Japan's policy path. Intervention can send a signal to the market, but policy is key, and will not prejudge what the Bank of Japan should do.

智通财经2026/08/04 11:46

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US Treasury Secretary Bessent: (Regarding writing "Buy Yen" in a notepad) The purpose was to ensure reporters could see it. Observed excessive volatility in the Korean won.
(Regarding Yen intervention) Optimistic about Japan's policy path. Intervention can send signals to the market, but policy is key. Will not pre-judge what the Bank of Japan should do.

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