United States — United States Department of the Treasury & Satsuki Katayama

United States — United States Department of the Treasury: Executed the intervention by selling euros for yen, a rare move, and signaled support for Japan, but its actions may be constrained by domestic inflation concerns.

Satsuki Katayama: As Finance Minister, she confirmed the joint intervention and warned of further action, playing a key role in communicating Japan's stance.

United States — United States Department of the Treasury: Yields surged, with 10-year above 4.7% and 30-year above 5%, on inflation fears.

Satsuki Katayama: Repeated intervention warnings but markets doubt effectiveness.

United States — United States Department of the Treasury: Rising US Treasury yields contribute to the strength of the U.S. Dollar Index, further pressuring the Japan — Japanese yen.

Satsuki Katayama: Satsuki Katayama, the Japanese Finance Minister, has repeatedly pledged to take appropriate and decisive action to address excessive Japan — Japanese yen volatility and has confirmed alignment with the United States on currency policy.

Satsuki Katayama: Satsuki Katayama, the Japanese Finance Minister, spoke out against speculative trading in foreign exchange, indicating potential for further intervention to support the Japan — Japanese yen.