How a Weak Yen Raises US Interest Rates — August 17, 2026
Join Antony Davies, director of economic research at CFC, as he untangles the chain reaction that moved the U.S. Treasury to intervene in Japanese currency markets for the first time in almost thirty years. Read the transcript of this episode. Contact the Economic & Market Watch team at economicresearch@nrucfc.coop. Follow the Economic & Market Watch podcast. Visit us, download the intelligence brief and dashboard and explore economic insights on our website, nrucfc.coop/Solutions. Sources:Japanese Yen to U.S. Dollar Spot Exchange Rate (DEXJPUS) | FRED | St. Louis Fed Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity, Quoted on an Investment Basis (DGS10) | FRED | St. Louis Fed Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Japan (IRLTLT01JPM156N) | FRED | St. Louis Fed U.S. Imports of Goods by Customs Basis from Japan (IMPJP) | FRED | St. Louis Fed
