U.S. Risk & Japan Stock Moves: Yen Carry Trade Recaptures Attention

It's time now for [music] the big picture. So, let's welcome in Michelle Gibli, director of international equity research and strategy, Schwan Center for Financial Research. Thanks so much for your time this morning, Michelle.It's so nice to see you. Happy Friday. Look, we started this week off with a more hawkish tone coming from the governor of the BOJ and that put very much the carry trade back in the spotlight.We've seen the higher yield state side being pressured by those JGBs. I'm seeing that the expe ...