Yen’s “carry trade” causes stock market crash: But what is it?
Market experts say the unwinding of the so-called “carry trade” with the Japanese yen is weighing on stock markets. REUTERS/Kim Kyung-Hoon The unwinding of the global yen carry trade is putting pressure on stocks. In recent years, investors in Japan have borrowed at low interest rates to invest in higher-yielding assets. The Bank of Japan’s … Read more