An explanation?
Strategizer - [BANKING ON THE CARRY] Recent corrective activity has seen yield plays giving back some long held gains, the trigger for profit taking likely being the upcoming G7, and thus risks associated with a possible mention of carry trades or the Yen's weakness.
Strategizer - [BANKING ON THE CARRY] Recent corrective activity has seen yield plays giving back some long held gains, the trigger for profit taking likely being the upcoming G7, and thus risks associated with a possible mention of carry trades or the Yen's weakness.