[CFTC: Hedge Funds' Bearish Sentiment on Yen Hits Highest Since 2007] According to a report by Jinse Finance on July 7, data from the CFTC shows that as of the week ending June 30, hedge funds had increased their net short positions on the yen in the futures and options markets to nearly 138,000 contracts, marking the most pessimistic level since 2007. At the same time, the yen fell to its lowest point since 1986, breaking below the 1 USD to 162 JPY threshold, sparking market expectations of potential intervention by Japanese authorities in the foreign exchange market. Japan's Finance Minister reiterated that authorities could take forex intervention measures at any time. Previously, Japan had deployed a record amount of funds between late April and May to support the yen. The market believes that the widening interest rate differential between the U.S. and Japan remains the primary factor putting pressure on the yen, even though a recent rate hike by the Bank of Japan failed to reverse its weakness.