The United States has confirmed it will not support intervention in the yen, as stated by Treasury Secretary Scott Bessent. This decision underscores the U.S. commitment to market-determined currency values, amid speculation that Japan may need to act to support its weakening currency. Bessent's remarks highlight that the U.S. will not engage in coordinated efforts to stabilize the yen, reinforcing a policy of non-intervention in currency markets. Speaking at a press briefing, Bessent emphasized the U.S. stance on freely traded exchange rates, stating that any manipulation or artificial adjustment of currency values is inconsistent with American financial policy. This approach aligns with long-standing U.S. principles, which discourage direct currency intervention except in extreme cases. As Japan faces potential solo action to defend the yen, the lack of U.S. support could lead to increased volatility in currency markets.