yen carry trade

Macro December 2025 Yen Carry Trade Unwind: How BOJ Rate Hikes Are Draining Global Liquidity The Bank of Japan is about to hike rates to 0.75%—a 30-year high. Here’s why that seemingly small number is sending tremors through every asset class on the planet. 0.75% Expected BOJ Rate 1.96% 10Y JGB Yield $1-2T Est. Carry…