reply on: 💡The Ticking Yen Time Bomb \ stacker news ~econ

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21 sats \ 0 replies \ @siggy47 OP 11 Aug \ parent \ on: 💡The Ticking Yen Time Bomb econ

I think you're right, particularly since it seems there is no way in hell the BOJ will try raising rates again anytime soon. In the meantime:

There’s likely still trillions of leveraged dollars piled into the carry trade, and, as the saying goes, it may take a while for that goat to make its way through the boa.