Tuesday, September 1, 2026
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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.

This article was originally published by CNBC Top News and is republished here under license.

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.

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