---
title: "The $1.2 trillion reason Scott Bessent just bought Japanese yen"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294608375.md"
description: "U.S. Treasury Secretary Scott Bessent authorized a $5-10 billion purchase of Japanese Yen, marking the first coordinated intervention with Japan since 2011. This move aims to stabilize the Yen at 40-year lows against the Dollar. By supporting the Yen, the U.S. seeks to prevent Japanese investors from selling U.S. Treasuries, thereby keeping long-term interest rates stable and protecting American borrowers from higher mortgage and loan costs."
datetime: "2026-08-02T14:12:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294608375.md)
  - [en](https://longbridge.com/en/news/294608375.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294608375.md)
---

# The $1.2 trillion reason Scott Bessent just bought Japanese yen

Quick ReadBessent's purchase of between $5 billion and $10 billion yen marks Washington's first yen-support intervention since the 2011 G7 action, targeting a currency near 40-year lows.A weak yen pressures Japan's massive Treasury holdings toward mass selling, pushing U.S. yields higher and raising mortgage, auto, and credit card rates.Japan tappe...

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