# U.S. Rescues The Yen | Macro Mondays August 3, 2026

Page: https://stenobird.com/podcast/macro-mondays-6431466/u-s-rescues-the-yen-macro-mondays-august-3-2026
Text version: https://stenobird.com/podcast/macro-mondays-6431466/u-s-rescues-the-yen-macro-mondays-august-3-2026.md
Podcast: [Macro Mondays](https://stenobird.com/podcast/macro-mondays-6431466)
Published: 2026-08-03T16:00:00+00:00
Episode link: https://www.buzzsprout.com/2206288/episodes/19592873-u-s-rescues-the-yen-macro-mondays-august-3-2026.mp3
Audio file: https://www.buzzsprout.com/2206288/episodes/19592873-u-s-rescues-the-yen-macro-mondays-august-3-2026.mp3
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JSON: https://stenobird.com/v1/public/podcasts/macro-mondays-6431466/episodes/u-s-rescues-the-yen-macro-mondays-august-3-2026
Duration seconds: 1589

## Resource

Andreas Steno Larsen and Mikkel Rosenvold are back to break down a dramatic start to the week, beginning with the rare coordinated U.S.-Japan intervention to support the yen and what the market reaction says about currencies, rates, and the future of the carry trade. They Unpack Donald Trump’s decision to postpone planned strikes on Iran in favor of renewed talks, and examine the implosion of Leopold Aschenbrenner’s highly leveraged AI hedge fund and what this means for the AI trade. L...

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## Transcript

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