New Markets
Thursday, 7/2, 06:45 PM
As the Dollar Climbs, the Yen 'Carry Trade' Stirs Again
- The yen has slid to around 161 per dollar, and a wide gap between U.S.
- and Japanese interest rates is reviving one of finance's biggest and least visible bets — the yen 'carry trade.' It's the same setup that triggered a violent global sell-off in August 2024, and analysts are watching it warily again.