Reported 2 days ago
The yen carry trade, a strategy where traders borrow low-yielding yen to invest in higher-yielding currencies, is gaining attention again as Sanae Takaichi's potential ascension to Japan's premiership suggests slower rate hikes. Following her pro-stimulus stance, the yen depreciated against major currencies, causing analysts to predict a resurgence in carry trades due to anticipated delayed tightening measures from the Bank of Japan.
Source: YAHOO