Bijie Network news, the Japanese yen remains at a weak level against the US dollar. Analysts from Mitsubishi UFJ Financial Group state that the rise in US Treasury yields and the cautious interest rate hikes by the Bank of Japan have led to a significant decline in the yen in December. The minutes from the Bank of Japan's December meeting show that there is a possibility of an interest rate hike next month. Recently, Japanese government officials have increased verbal interventions to support the yen. FactSet data shows that the US dollar has appreciated 4.6% against the yen over the past month, rising about 11% since the beginning of 2024.