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EconomyYen holds near 160 as Bessent pressures BOJ and bonds sell off

The yen steadied near 160 per dollar on Tuesday after U.S. Treasury Secretary Scott Bessent intensified pressure on the Bank of Japan to raise rates this month. Investors remained cautious as bonds sold off following renewed attacks in the Gulf.

yenBank of Japanbond market

People in this report Scott Bessent

RReuters★★★☆☆2026-09-01 05:25Original

Yen holds near 160 as Bessent pressures BOJ and bonds sell off
Yen holds near 160 as Bessent pressures BOJ and bonds sell offEconomy