Fri, Mar 6, 2015
A A A
Welcome preal121
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 39513 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031