US Treasury Secretary Besant tried to push the gradual depreciation of the US dollar by coordinating joint intervention with Japan, promoting South Korea to take intervention measures and controlling the yield of US treasury bond bonds. Stephen Jen, a fund manager at Eurizon SLJ, pointed out that the US government has taken a fragmented path by coordinating small-scale exchange rate policies with major trading partners to gradually weaken the value of the US dollar. (Source: Jin Shi)