Scott Bessent fired a currency bazooka, but global finance still looks like a ‘giant Jenga tower’ propped up by a Japanese yen that’s in deep trouble

Scott Bessent fired a currency bazooka, but global finance still looks like a ‘giant Jenga tower’ propped up by a Japanese yen that’s in deep trouble →

"Now traders are watching the 'yen carry trade,' where cheap yen borrowing funds bets on higher-yielding assets worldwide, and wondering if it’s about to blow up."