# Japanese borrowing costs hit 30-year high as Bessent says Tokyo may intervene to boost yen

https://mins.news/en/item/39896

- CNBC, 2026-09-01 07:31 UTC
- Economy
- Original: https://www.cnbc.com/2026/09/01/japan-bonds-yen-intervention-bessent.html

> Japanese borrowing costs reached a 30-year high as the yen weakened to 160 per dollar on Tuesday and bond yields came under pressure. Traders were watching for a possible Japanese rate hike and potential intervention by Tokyo to support the yen, as mentioned by Bessent.

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- [Big Yen Spike Leaves Traders Guessing on Intervention](https://mins.news/en/video/43730) — Bloomberg Television, 2026-09-03
- [Japan’s borrowing costs hit a 30-year high: What does it mean for global markets?](https://mins.news/en/item/41962) — Financial Times, 2026-09-02
- [Yen holds near 160 as Bessent pressures BOJ and bonds sell off](https://mins.news/en/item/39763) — Reuters, 2026-09-01