yen falls past 155 against dollar increasing intervention concerns

The yen has fallen below 155 per dollar, which is the first time since July. This has raised concerns about potential intervention by Japanese authorities to stabilize the currency.

The depreciation of the yen is largely due to rising Treasury yields, with the two-year yield reaching its highest level since July. The movement in the currency market reflects broader economic sentiments and the impact of US monetary policy on global currencies.

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