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Scott Bessent says yen could strengthen as Japan acts

U.S. Treasury Secretary Scott Bessent, in a CNBC interview, said he believes the Japanese government and the BOJ will take steps leading to a stronger yen.

DXY

"I have information that the market doesn't have.

And it's my belief that the Japanese government and that the BOJ will do the things that will lead to a stronger yen."-U.S.

Treasury Secretary Scott Bessent in an interview with CNBC yesterday.

Japan's 10-year bond yield climbed as high as 3% today…