Business

Japanese Yen Weakens Amid Rising Borrowing Costs

Updated 2026-09-01 07:40 UTC 1 source Neutral

Japan's borrowing costs reached a 30-year high, causing the yen to weaken. Traders expect potential intervention by Japan to support the currency.

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CNBC
The yen weakened to 160 per dollar on Tuesday as bond yields came under pressure, as traders eyed the potential for Japan to hike interest rates.
2026-09-01 07:31 UTC
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