Thu, Oct 2, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies, Investment more

Why investors have a yen for the yen

Posted on 05 February 2009

From Theglobeandmail.com: The yen has been supported by a quirk of the investing world known as “carry trading.” Essentially, because Japanese interest rates were at rock bottom for so long, it was worthwhile for investors to borrow yen and use it to buy instruments in other currencies that had a much higher yield.

The yen borrowings - at very low rates - were used in many cases to buy bonds in Australia, New Zealand, Canada and the United States that carried high interest rates….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 37241 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031