From Yahoo Finance: 2025-04-12 21:59:00

Japan’s ruling party policy chief urges yen strengthening to combat rising living costs caused by weak currency. Ahead of U.S. trade talks, Japan advised against selling U.S. Treasury holdings as a negotiating tactic. Currency policy and interest rate raises expected to be key topics during negotiations. Tokyo historically intervened to prevent yen from rising too much, but recent slide worries policymakers. Trump’s tariffs caused market turmoil, with Treasuries seeing heavy selling. Japan holds $1.079 trillion in Treasuries, second only to China’s $760.8 billion.

Read more: Japan policymaker wants stronger yen, says Tokyo shouldn’t sell Treasuries