Long Term Carry Trade Fundamentals

Thursday, May 28, 2009

While reading a recent CNBC article about current events something clicked for me.Here is the passage:The dollar rose broadly on Thursday as yields on 10-year U.S. government bonds jumped more than 50 basis points in the last two weeks, drawing Japanese investors into overseas assets like global semi-conductor stocks, banks and U.S. junk bonds, according to Reuters.Do you remember the massive