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Arthur Hayes said the concurrent weakening of the yen and rise in JGB yields signal structural stress in Japan that could prompt intervention by the U.S. Treasury and the Federal Reserve, with the New York Fed acting as the operational arm. He added that such intervention would effectively inject liquidity, easing pressure on U.S. Treasury yields and, if accompanied by an expansion of the Fed’s balance sheet, potentially providing short-term support for risk assets including Bitcoin. https://t.co/LB4bi6WAhw ...