Explainer-What is the yen carry trade?
TOKYO, Sept 9 : With the recent surge in Japan's currency to a seven-month high, investors are wondering if this is the beginning of the end of the yen carry trade that has been a pillar of global markets.That trade, which involves borrowing yen at a low cost to invest in higher-yielding assets, is being unde
9 Sep 05:15 · CNA