US-Japan More Aligned on FX, Katayama Says After Bessent Talks (opens original article in a new tab)

Japan's Finance Minister Satsuki Katayama said she had talks over phone with US Treasury Secretary Scott Bessent, a move that only gave the yen a short-lived boost as it hovers near the weakest level in four decades.

• Japan's Finance Minister Satsuki Katayama spoke with US Treasury Secretary Scott Bessent
• The yen saw a short-lived boost after the talks
• The yen is near its weakest level in four decades