Japanese official says mindful of yen risk from any US treasury sales and warns that rising US yields could lead to further yen depreciation

A Japanese official's remarks underscore the potential risks to the yen if the U.S. Treasury sells off and yields rise, which could exacerbate the currency's depreciation. This indicates concerns about capital flows and suggests that any further increase in U.S. yields could heighten pressure on the yen, impacting not only currency markets but also commodities like gold that often respond to such dynamics.