# Yen Selling Dries Up as U.S. Treasury Chief Warns Hedge Funds - Seoul Economic Daily

> The yen's monthly trading range in October was 2.87 yen, the narrowest in 4-1/2 years, as hedge funds pared net short positions after a public warning from US Treasury Secretary Bessent. Safe-haven demand linked to France's fiscal and political turmoil and AI market jitters also supported the yen.

- Date: 2026-11-02 · published 2026-11-02T06:09:33.770Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/74935-yen-selling-dries-up-as-u-s-treasury-chief-warns-hedge-funds-seoul-economic
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Reduced yen weakness lowers the import cost pressure on Japanese feed buyers, while a sharp break in the standoff could quickly change the cost of dollar-priced feed. The near-term price implication for feed commodities is limited.

## Read by commodity

- USDJPY: neutral

## Sources

- en.sedaily.com: https://en.sedaily.com/international/2026/11/02/yen-selling-dries-up-as-us-treasury-chief-warns-hedge-funds

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.