During a Camp David cabinet meeting on Friday, US Treasury Secretary Scott Bessent accidentally revealed plans to purchase $5-10 billion in Japanese yen on a public notepad, *The* *Financial* *Times* reported. The Treasury's Federal Reserve Bank of New York reportedly sold euros to buy yen the same day, helping reverse the yen's slide to its weakest level since 1986. The currency's decline was driven by factors like rising oil prices, while Japanese authorities also intervened early Friday to stabilize the yen.

By late afternoon, the dollar fell from 158.9 to 157.6 yen, a 0.8% drop. The last US yen intervention occurred in 2011 after Japan's disasters. A Treasury spokesperson declined to comment on the notepad or potential involvement.