The Hidden Dangers of a Global Yen Carry Trade Unwind Global financial markets rely heavily on hidden leverage. Consequently, a sudden yen carry trade unwind exposes this fragile system. Investors borrow cheap Japanese yen to fund investments. Then, they buy high-yielding assets globally. This strategy works perfectly during periods of low volatility. However, shifting economic … Continue reading The Hidden Dangers of a Global Yen Carry Trade Unwind