Japan, US confirm joint yen-buying intervention, signal more action

East Asia The rare joint intervention – the first since 2011 - aimed to prevent a selloff in the yen and Japanese government bonds from causing global spillovers. A man walks past an electronic screen displaying a graph showing the current and recent Japanese Yen exchange rate against the US dollar after Japan and the United States conducted coordinated yen-buying intervention, in Tokyo, Japan, on Aug 3, 2026. (Photo: Reuters/Issei Kato) 03 Aug 2026 07:56PM (Updated: 03 Aug 2026 08:03PM) TOKYO: Japan and the United States conducted coordinated yen-buying intervention and will not hesitate to take further action, Japan's finance ministry said on Monday (Aug 3), confirming a rare bilateral action to halt the yen's slide to fresh 40-year lows.The intervention on Friday underscored both countr