Japan spent a record ¥7.98 trillion in one day.

It said it acted over the summer with the US, the first joint yen operation in nearly 3 decades.

The yen has held 157-158 per dollar for a month, while the US 10-year yield stood at 4.84% on 5 November.

The Bank of Japan decides on rates on 18 December.

How each outlet framed it
Bloomberg Business leans favorable
Nikkei Asia
frames the yen's stuck 157-158 range as structural, citing the limits of intervention after the $96bn buying in July-August

Sources: Bloomberg Business, Nikkei Asia