yen carry trade

Small But Real Progress Carrying The Yen Carry Trade Into the Light

Bill Dudley was a key guy at the Fed for a very long time. It is very important to point this out. Not only did he hold two of the central bank’s most crucial positions, he held them during the institution’s most critical moments. Dudley was Manager of the system’s Open Market Account in August 2007. On the seventh of [...]

What Tokyo Eurodollar Redistribution Really Means For ‘Green Shoots’

By Jeffrey P. Snider|2019-04-29T12:04:38-04:00April 29th, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Last April, monetary officials in Japan were publicly contemplating ending asset purchases under QQE. This April, they are more quietly wondering what other financial assets they might have to buy just to keep it all going a little longer. I’d suggest something like the clouds passing over the islands or the ocean water surrounding them. Nobody would notice either way [...]

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