NEW YORK — A pointed question now hangs over global markets as the US Treasury links arms with Japan to confront yen bears: who actually holds the leverage — Washington or Tokyo? Treasury Secretary Scott Bessent plainly wants his Japanese counterpart, Finance Minister Satsuki Katayama, to treat this joint intervention as a privilege — to feel humbled, […]The post US-Japan yen intervention is also a tug of war appeared first on Asia Times.