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[Bessent "launched a challenge" to the Japanese yen short sellers: I am now the banker and I have the guts to fight! 】September 9th, U.S. Treasury Secretary Bessent issued a challenge to the yen shorts on Tuesday (September 8th) local time, stating that he was pushing for the appreciation of the yen, and bluntly stated that with his current status, his market research and judgment essentially has an "insider advantage." “Every time someone says, ‘Oh, the Treasury secretary is taking a chance’ — well, that’s exactly what I dream of, where I have the advantage of asymmetric information,” Bessant said Tuesday at an event at Texas Southern Methodist University. Bessent said, "I am the banker now, so when we intervene in the yen, I have a very deep understanding of what the Japanese, the Bank of Japan, and Japanese policymakers will do." "If you want to bet against me, you can come over," Bessent said boldly.
🕐 2026-09-09 11:36

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