$90 Billion Yen Intervention Funded by Massive Treasury Sell-Off

Japan's record-breaking yen intervention of $90 billion in late July sparked questions about how the country would fund it. According to recent data, Japan sold almost $90 billion worth of US Treasuries as part of the intervention.

The move was seen as a way for Japan to counter its weakening currency and boost exports. However, the effects of the intervention were short-lived, with the yen's value eventually returning to pre-intervention levels.