Bessent Says Yen Moves ‘Pretty Contained’ and Not Disorderly

Bessent says yen moves ‘pretty contained’ and not disorderly

By David Lawder and Leika Kihara ASHEVILLE, North Carolina, Aug 30 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Sunday recent ​yen moves were "pretty well contained," suggesting ‌the Japanese currency's renewed slides were not seen as the ...

Bessent says disorderly yen can destabilize markets

UNITED States Treasury Secretary Scott Bessent said disorderly moves in the yen could trigger “forced unwinds” of positions that risk destabilizing global markets and ultimately raising borrowing costs for US households and businesses.

Bessent warns yen volatility could ripple through global markets

In a letter responding to Sen. Elizabeth Warren, Bessent said sharp moves in the yen could trigger “forced unwinds” of financial positions, potentially destabilizing global markets and pushing up borrowing costs for U.S. households and businesses

Bessent says yen moves 'pretty contained' and not disorderly

By David Lawder and Leika Kihara ASHEVILLE, North Carolina, Aug 30 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Sunday recent yen moves were "pretty well contained," suggesting the Japanese currency's renewed slides were not seen as the kind of disorderly moves that led to a rare…