Yen carry trade causes global market turbulence due to rate hikes and market uncertainty.

From Investing.com: 2024-08-11 04:31:03

The yen carry trade, borrowing at low rates in Japan to invest elsewhere, sparked global market turbulence. Factors like the Bank of Japan’s rate hike, US recession fears, and tech stock uncertainty have made this strategy riskier. UBS strategists note the potential market risks and categorize the yen carry trade into three types: fast, semi-fast, and sticky money.



Read more at Investing.com: What is the yen carry trade and why does it matter? By Investing.com