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Japan's Finance Minister clarifies no plans to use US Treasuries in trade negotiations.
Japan's Finance Minister, Katsunobu Kato, has clarified that Japan has no plans to use its massive holdings of US Treasuries, over $1 trillion, as leverage in trade talks with the US.
Kato explained that his earlier comments were not intended to suggest using these assets as a bargaining tool.
Instead, he emphasized that the primary purpose of these Treasury holdings is to ensure liquidity for potential yen interventions.
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El ministro de Finanzas de Japón aclara que no tiene planes de usar bonos del Tesoro de EE.UU. en las negociaciones comerciales.