Yen Gyrates Lower as Japan Goes for Weak Yen, Higher Government Bond Yields, but Moves Must Be Orderly

The yen dropped to ¥151.92 per $1 earlier today, approaching within a hair the intraday low of October 2022, then rebounded sharply to 151.22, but then fell again to 151.72 at the moment. Finance Minister Shunichi Suzuki said earlier today that the government would monitor...