Money
Scott Bessent Dares Traders to Bet Against the Yen
US Treasury Secretary Scott Bessent challenged currency traders to short the yen, claiming asymmetric information on Japanese policy.
September 9, 2026, 08:52 PM·Crypto Briefing

US Treasury Secretary Scott Bessent challenged currency traders to short the yen, claiming asymmetric information on Japanese policy.

Japan sold a record ¥11.73 trillion in foreign assets, including US Treasuries, to stabilize the yen against the dollar.
