For decades, the Japanese yen has been a favored funding currency for investors borrowing cheaply and putting money into higher-yielding assets, according to Bloomberg.
The article explains why the yen's appeal in carry trades has been fading.
For decades, the Japanese yen has been a favored funding currency for investors borrowing cheaply and putting money into higher-yielding assets, according to Bloomberg.
The article explains why the yen's appeal in carry trades has been fading.