# New York Fed
Latest news and articles about New York Fed
Total: 2 articles found
A Rare Step: U.S. and Japan Signal Joint Action to Stop the Yen’s Slide — Why Markets Are on Alert
Japan’s struggle between a collapsing yen and fragile government bond market prompted an unusually visible New York Fed ‘rate check’ at the U.S. Treasury’s direction, a signal markets read as readiness for coordinated U.S.-Japan intervention. The episode highlights Tokyo’s dilemma and could reshape dollar dynamics, Treasury demand and regional risk sentiment if followed by real onshore action.
Tokyo Signals Action as Markets Bet on U.S.–Japan Co‑ordination to Support the Yen
Japan’s prime minister warned of decisive action after the yen reversed sharply, a move traders linked to a New York Fed inquiry that many read as a precursor to coordinated U.S.–Japan intervention. While coordination could calm markets in the short term, analysts say it would not resolve the deeper fiscal and bond market imbalances that are driving yen weakness.