Bessent comments on Twitter/X:
“In my meeting with Minister @satsukikatayama , I was pleased to reaffirm the strong economic partnership between the United States and Japan. It’s basically just the US acknowledging Japan’s plight and giving the nod to recent intervention moves from Tokyo. There was no commitment from either side in getting Washington involved to do any joint intervention efforts.
In the bigger picture, you can bet that Bessent probably dropped a subtle hint to Katayama so as to not take things too far when going at intervention alone
US, Japan maintains robust coordination in dealing with FX market volatility – Bessent
