Great chart, as always. Any thoughts on the other development last week, the unwind of the Yen carry trade? If most of the Yen converted to dollars was then invested in T-Bills or bonds, the unwind of that trade may show up in upcoming auctions.
Thanks for this weekly feature. It's extremely useful.
Great chart, as always. Any thoughts on the other development last week, the unwind of the Yen carry trade? If most of the Yen converted to dollars was then invested in T-Bills or bonds, the unwind of that trade may show up in upcoming auctions.
Thanks for this weekly feature. It's extremely useful.
Thanks, Laramie. I actually wrote about this earlier this week—didn't cover that specific angle, but it’s related (link below). I think you’re spot on, too.
Great chart, as always. Any thoughts on the other development last week, the unwind of the Yen carry trade? If most of the Yen converted to dollars was then invested in T-Bills or bonds, the unwind of that trade may show up in upcoming auctions.
Thanks for this weekly feature. It's extremely useful.
Thanks, Laramie. I actually wrote about this earlier this week—didn't cover that specific angle, but it’s related (link below). I think you’re spot on, too.
https://www.crisisinvesting.com/p/yes-it-was-a-bloodbath-in-the-markets
Thanks. I read all your stuff. Not sure how I missed that one.
Thanks, Laramie. I'm very glad to have you as a reader.