US Treasury (1) 썸네일형 리스트형 How Japan Is Funding Its Yen Intervention Without Selling US Treasuries The Japanese Yen carry trade is one of the most influential — and most dangerous — mechanisms in global financial markets. When it unwinds suddenly, it has historically triggered some of the sharpest volatility spikes on record, from the collapse of LTCM in 1998 to turmoil during the 2008 financial crisis. Understanding how the carry trade works, and why recent US-Japan policy moves have reignit.. 이전 1 다음