Is the Yen Carry Trade unwinding over?

Not quite yet.

The recent market turmoil stems from the unwinding of the Yen carry trade, est at $450 billion.

According to analysts, only about 50 to 60% of this trade has been unwound so far, leaving significant room to continue.

Full Thread below 👇

Is the Yen Carry Trade unwinding over?

Not quite yet.

The recent market turmoil stems from the unwinding of the Yen carry trade, est at $450 billion.

According to analysts, only about 50 to 60% of this trade has been unwound so far, leaving significant room to continue.

Full Thread below 👇 

https://x.com/0xblockbard/status/1822135510606958837