Goldman Says Yen Becoming Better Hedge Against AI Market Shock
The yen is becoming a more effective hedge against an artificial intelligence-driven market shock as changes in Japan’s policy backdrop reduce the risk of the currency weakening sharply when global...
By John Cheng · Bloomberg Markets
The yen is becoming a more effective hedge against an artificial intelligence-driven market shock as changes in Japan’s policy backdrop reduce the risk of the currency weakening sharply when global yields rise, according to Goldman Sachs.