Yen Short Bets Jump to Nine-Year High as Carry Trade Revives

Speculators have boosted their bets against the yen to a nine-year high, signaling the revival of the yen carry trade despite intervention risks and a potential rate hike by the...

By John Cheng · Bloomberg Markets

Speculators have boosted their bets against the yen to a nine-year high, signaling the revival of the yen carry trade despite intervention risks and a potential rate hike by the Bank of Japan on Tuesday.