According to Citi, Japan has a number of alternative tools at its disposal to defend the yen against depreciation. While the country's US Treasury holdings are worth over $1.1 trillion, its short-term debt holdings are low, prompting concerns about its ability to liquidate these assets to bolster the currency. Analysts at the institution claim that Japan possesses other tools to prevent yen depreciation, although these are not specified in the provided information.
Wikipedia / Bank of Japan Citi Says Japan Has Alternative Tools to Defend Yen Beyond Treasury Sales
Citi analysts say Japan possesses alternative tools to defend the yen against depreciation, aside from selling US Treasuries, citing low short-term debt holdings as a concern.
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