SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: UncleBigs who wrote (62270)5/30/2006 11:27:11 PM
From: booyaka  Read Replies (1) of 110194
 
even if Japan raises rates to 2%, they will still be the lowest cost currency in the world. I doubt this results in the unwind of the yen carry on its own.

I agree. The BOJ plans to proceed slowly with rate hikes. A healthy yield spread should persist between Japan and the US/Europe for quite a while. I also agree that the yen carry trade will unwind nevertheless. I don't know what will trigger it but it will probably be sudden, like in Sept '98 when the Russian debt default triggered a moonshot in the yen.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News