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US Treasury tells banks it may intervene in yen market FridayThe US Treasury (@USTreasury) has told banks via the New York Fed that it may step into the yen market on Friday and that they should stand ready for future action, per Reuters, citing a source familiar with the matter.The warning follows Thursday's yen-buying blitz by Tokyo, which BOJ data suggests ran close to $59B, plus rate checks by US authorities that traders read as the setup for joint action. Treasury Secretary Scott Bessent called the yen ...