ReferIndia News What Is Yen Carry Trade? The Nervousness That’s Gripping Global Markets

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What Is Yen Carry Trade? The Nervousness That’s Gripping Global Markets

Published on: Nov. 24, 2025, 2:50 p.m. | Source: NDTV Profit

yen carry trade is a long-established currency-market strategy in which investors borrow low-yielding currencies to invest in higher-yielding ones. For years, thanks to the Bank of Japan’s ultra-loose policy and a weak yen, the Japanese currency became one of the world’s favourite funding unit. But when the yen strengthens against the dollar, those trades quickly turn unprofitable, pushing investors to unwind positions, often triggering broad sell-offs across global markets.

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