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2026-08-03 10:26:07 UTC

Blockchain Report on Nostr: US & Japan intervene in yen market, first joint action since 1998. Fed bought yen on ...

US & Japan intervene in yen market, first joint action since 1998. Fed bought yen on behalf of Treasury. 30-yr US Treasury yields hit 5.27%, highest since 2007. QCP Capital warns yen appreciation could trigger unwinding of yen-funded trades, impacting risk assets. Stabilization may ease pressure on US Treasury liquidity. This event highlights the significant influence of USD/JPY, Japan's financing, and long-term US yields on BTC & ETH liquidity, though no clear crypto signal emerges yet.

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