Why Bank of America says 30-year Treasurys are the best hedge for investors

Core Viewpoint - Further strengthening of the Japanese yen is expected to negatively impact risk-on assets as traders begin to unwind carry-trade positions [1] Group 1 - The appreciation of the Japanese yen could lead to a decrease in demand for risk-on assets, as investors may shift their strategies in response to currency fluctuations [1] - The unwinding of carry-trade positions indicates a potential shift in market sentiment, which could affect various asset classes [1]