Group 1 - The core viewpoint is that yen carry trades are facing significant risks of large-scale unwinding, similar to past market events in 2008, 2015, and 2020 [1] - The basic strategy involves borrowing low-yielding yen to invest in high-yielding assets, profiting from the interest rate differential [1] - A recent report indicates that the next wave of unwinding will be triggered by a decline in carry assets and a rebound in the yen, which will mutually reinforce each other [1] Group 2 - BCA analysts suggest that it is challenging to estimate the overall scale of yen carry trades, but multiple indicators show significant expansion in recent years [3] - The report warns that once the yen begins to appreciate, the impact will be severe due to the large volume of carry trades [3]
炸弹随时引爆！日元巨量套利盘悬顶，平仓潮一触即发
Jin Shi Shu Ju·2026-02-11 02:13