Institution: Yen intervention could cause arbitrage trades to be quickly closed out

Golden Finance reported that on July 10, asset manager Carmignac said Japanese authorities may focus on the speed of yen depreciation rather than the absolute level. Successful yen intervention must be “massive and completely unexpected,” and it would have little impact on US Treasury bonds. Yen intervention may cause arbitrage trades to be closed out quickly.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned