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Collateral Scarcity Explains Japanese Yen's Fall [Ep. 285, Eurodollar University]

Eurodollar University

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The Japanese Currency and the Ripo Fails - Is That the Connection?

The october experience uo. It was a margin, or really a collateral call, which provoked a reverse of too many collateral for collateral swaps. Those suddenly exposed to panic bid whatever good and useful collateral they could get at whatever price it took to get it. So it's not that heart of a leap to get from ripo fals lack of collateral the en cary trade to j p y. But all of it has to do with collateral, uro dollars, real money,. Not rate hikes, none of this other not c t bank reserve don't have a roll here. And tokio is a huge part of that.

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