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Japan’s yen intervention boosts prospects for carry trades

The yen support effort may have made it easier for investors to restart carry trades, per CNBC.

Reported · Written up by our desk · Major Pairs

CNBC Markets reports that Japan’s historic intervention to support the yen may have had an unintended side effect, strengthening the case for investors to re-engage in carry trades.

The outlet says the actions have created improved conditions for borrowing in yen and investing elsewhere, effectively “turbo-charging” the strategy.

CNBC World reaches the same conclusion, framing Japan’s yen intervention as a catalyst that could help the carry trade return.

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