Wed, Aug 20, 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 36521 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31