Apollo Says Risk of Yen Carry Unwind as Speculators Cut Bets
Apollo Management’s Torsten Slok said there’s a risk of the yen carry trade unwinding, citing recent sharp moves in speculative futures positioning.
By Naomi Tajitsu · Bloomberg Markets
Apollo Management’s Torsten Slok said there’s a risk of the yen carry trade unwinding, citing recent sharp moves in speculative futures positioning.