⚡️JUST IN: Goldman Sachs says SHORT USD/JPY to hedge the AI SELLOFF. The yen stood out in Goldman’s review of the 20 biggest episodes since 2000 when stocks and bond yields fell together. The bank says a sharp AI selloff could push U.S. Treasury yields lower and lift the yen against the dollar. Changes in Japan’s monetary policy have also made the yen less costly to hold as a hedge. In the very short term, Goldman prefers short EUR/JPY.