Japanese borrowing costs hit 30-year high as Bessent says Tokyo may intervene to boost yen
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Source: CNBC
Published: 2026-09-01 17:31 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Economy & Finance, Asia Pacific
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Snippet:
Japan's benchmark borrowing costs rose to their highest level in three decades on Tuesday, after U.S. Treasury Secretary Scott Bessent signaled that he expects action from Tokyo and the Bank of Japan to support the falling yen.
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