Macro Finance
Bessent Ramps Up Pressure on BOJ to Raise Rates Further
Bloomberg Markets·August 31, 2026·1 min read
US Treasury Secretary Scott Bessent intensified pressure on Japan to raise interest rates as the yen weakened and the nation's 10-year bond yield touched 3% for the first time since 1996. The move highlights growing tension over monetary policy divergence between the two economies.
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