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3min chapter
How a popular trade collapsed — and why it matters
Goldman Sachs Exchanges
Intro
This chapter examines the yen carry trade, a financial strategy where investors borrow in low-interest currencies to invest in higher-yielding ones. It discusses the impact of interest rate differentials on investor returns and the broader effects on global markets amidst recent fluctuations.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode