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.

Aug 8, 2024 - 04:00
4
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

Read full article