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Home›ETFs & Funds›Fund Industry›Bessent leans on hedge fund style as he backs Japan ye…

Bessent leans on hedge fund style as he backs Japan yen stability

Reported · Written up by our desk · Fund Industry

US Treasury Secretary Scott Bessent is taking an unusually active role in supporting Japan's efforts to stabilize the yen, with observers saying his approach reflects his hedge fund background and differs from that of some predecessors, according to a report by Bloomberg.

Hedgeweek reports that Bessent is drawing on a more market-focused mindset as part of the US involvement in Japan's yen intervention efforts.

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Sources

HedgeweekBessent brings hedge fund mindset to US-Japan yen intervention

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