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Economy/MacroArticle

US Treasury’s Bessent warns on yen volatility spillover risks

A senior US Treasury official highlights concerns over potential global market spillovers from sharp yen movements.

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Elena Kovač · Central Banks Desk · 29 Aug 2026 · 17:34 · 1 min read
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US Treasury’s Bessent warns on yen volatility spillover risks

US Treasury Under Secretary for Domestic Finance, Nellie Liang, also known as Bessent, has cautioned that excessive volatility in the Japanese yen could pose risks to broader global financial markets. The remarks underscore growing unease over currency fluctuations and their potential cross-border impacts.

Further verified details on the scope or timing of any policy response were not immediately available.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Elena Kovač
Central Banks Desk

Elena covers macroeconomic data and policy across the eurozone, translating industrial output, inflation and growth figures into what they mean for markets.

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