75% of carry trade blamed in recent stock meltdown has been unwound, JPMorgan says

The carry strategy — which involves borrowing at low rates to fund purchases in higher-yielding assets elsewhere —  has been wobbling for months.

75% of carry trade blamed in recent stock meltdown has been unwound, JPMorgan says
The carry strategy — which involves borrowing at low rates to fund purchases in higher-yielding assets elsewhere —  has been wobbling for months. Read More