The U.S. Treasury flagged excessive volatility in the yen, while the Federal Reserve Bank conducted an intervention to buy yen.

The entities involved

• U.S. Treasury →

  mine in Sierra County, New Mexico, United States of America

  • Funds like Vanguard and Janus Henderson are investing in corporate bonds and short Treasury bills as FED policy influences Treasury yields.Tue 23:50
  • Cash balances are being invested in U.S. Treasury bills, and the DOE LaunchPad selection enables pilot facility design.Tue 07:51
• Federal Reserve Bank →

  regional bank of the U.S. Federal Reserve System

  • The FOMC held the federal funds rate steady while NOAA predicted strong El Niño conditions, coinciding with the release of PCE price data.Tue 23:44
  • Rate cut expectations have shifted to rate increases due to the ongoing war in Iran, which has spiked inflation and commodity prices.Tue 23:36
• Bank of Japan →

  the central bank of Japan

  • The Middle East conflict is causing oil price increases and inflation, leading central banks to manage policy amid global pressures.Thu 05:26
  • Government urged caution over cumulative effect of hikes as crude strength from the Middle East feeds into rate expectations.Thu 05:26

Related events

• BoJ intervention is expected due to weak yen, following reports on Euro area inflation data.Jun 30