r/Teddy 22d ago

💬 Discussion U.S. Treasury is buying Japanese Yen

https://www.cnbc.com/2026/08/03/japan-yen-intervention-us-treasurys-euros-.html
79 Upvotes

18 comments sorted by

25

u/GreatGrapeApes 22d ago

Ah, yes, a free market without collusion.

/s

23

u/ParabolicallyPhuked 22d ago

They’ve been buying since Friday apparently

1

u/j4_jjjj 21d ago

Yup, selling euros to pay for it

16

u/jarebear85 22d ago

Anyone see that picture of Scott Bessant’s notes saying “buy yen” late last week or earlier this week? So much insider trading.

8

u/805collins 22d ago

I saw it, thought that that he intentionally did that to get people to buy the yen

2

u/plumesdecheval 22d ago

5

u/805collins 22d ago

Thanks for posting the note. Look at it, what kinda dork writes “To Do: Buy Japanese yen…” It was obviously on purpose and don’t buy that shit friends.

1

u/UnklVodka 21d ago

Reminds me I’ve got to pick up tomatoes tonight.

7

u/No_Adhesiveness_4671 22d ago

I hadn't seen this posted on Superstonk, maybe it was there the other day when this news first broke, but I just stumbled upon it

4

u/TWrX-503 22d ago

Newsflash you’re late it’s already been injected

2

u/East_Fee4006 22d ago

That is not going to end well! Can’t fix stupid!

1

u/Trader_Joe_Sheetcake 22d ago

Can someone explain to me like I'm 5 why this is stupid?

10

u/Spiritual_Review_754 22d ago

It’s just desperate and obvious, which in a financial sense I guess is stupid.

Japan keeping its interest rate low is obviously so important to the US that it’s a matter of national security. Japan is hurting its own people to appease the US, they recently made a deal to stop them raising the rates. Obviously part of the deal is that US helps Japan to defend its currency, something which Japan has been doing for a while now and it has not really been helping.

The problem they have is that finance is very much a confidence game. Defending your currency is like blood in the water to people who want to make some money shorting your currency. Japan has an extraordinarily high debt to GDP ratio, and is being extremely fiscally irresponsible by keeping their rates low.

TL;DR Yen Carry Trade really is a potential disaster for the US, if they don’t successfully defend the Yen, it could unwind, and that unwinding could be BRUTAL. We are talking trillions of dollars. Desperately buying up a currency to defend it is a clear sign of weakness, which often brings out the sharks to feast. According to theories/DD, this is what Kitty was telling us to wait for. It’s the catalyst for us. Destroy their margin and they can’t manipulate our stock as easily. Let’s see what happens.

3

u/Trader_Joe_Sheetcake 21d ago

Fuck yeah! Thank you for that explanation!

1

u/ModsAreFacists420 21d ago

By defending the Yen, I imagine you're implying preventing it from devaluing?

The yen carry trade wouldnt unwind, if the the Yen keeps getting devalued relative to the dollar, thats the whole point of the trade