Are traders setting the stage for another bruising unwind of the yen carry trade?

Futures traders are piling back into bets against the Japanese yen. That’s making one longtime market watcher nervous that investors could see a repeat of the vicious unwind of the yen carry trade that rattled global markets on Aug. 5.

Nov 21, 2024 - 13:00
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Are traders setting the stage for another bruising unwind of the yen carry trade?
Futures traders are piling back into bets against the Japanese yen. That’s making one longtime market watcher nervous that investors could see a repeat of the vicious unwind of the yen carry trade that rattled global markets on Aug. 5.

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