The $1.2 Trillion Reason Scott Bessent Just Bought Japanese Yen
A handwritten note on a legal pad caught everyone’s attention during President Trump’s recent Cabinet meeting. Photographers zoomed in on Treasury Secretary Scott Bessent’s notepad and spotted six words that would send ripples through global financial markets: “Buy Japanese Yen (JPY) $5-10 bil.” Reuters later confirmed that the U.S. Treasury followed through on Friday by
