Yen could face fresh storm as Japan vote fuels carry trade revival and BOJ policy doubts
Bloomberg (gated) report that the yen carry trade, which collapsed last year, could see a major revival in the wake of Japan’s recent election, according to investors. The strategy—borrowing low-yield yen to invest in higher-yielding assets abroad—is gaining traction after Prime Minister Shigeru Ishiba lost his upper-house majority. The loss may push Ishiba to increase … Read more