Japanese borrowing costs hit 30-year high as Bessent says Tokyo may intervene to boost yen
- Posted on September 1, 2026
- By CNBC
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- 1 min read
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Japanese borrowing costs hit 30-year high as Bessent says Tokyo may intervene to boost yen
The yen weakened to 160 per dollar on Tuesday as bond yields came under pressure, as traders eyed the potential for Japan to hike interest rates.
