Bessent Warns Disorderly Yen Selloff Could Spark Global Market Chaos

U.S. Treasury Secretary Scott Bessent has sounded the alarm on potential global market turmoil triggered by a disorderly selloff in the Japanese yen.

Bessent warned that such an event could lead to forced unwinding of financial positions, creating broader instability across markets.

The Japanese yen plays a crucial role in international financing and investment strategies. An abrupt decline could affect investors beyond Japan, particularly those with currency exposures or borrowed yen for investments elsewhere.