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A comment on How Low Can Central Banks Go? JPMorgan Reckons Way Lower. Parent comment

Re:How Low Can Central Banks Go? JPMorgan Reckons Way Lower by forgetsusername on Wednesday February 10, 2016 @04:16PM (#11076041)
>These lower interest rates are allowing hedge funds to make money via currency carry trades

What does the absolute level of interest rates have to do with being able to perform a carry trade? It's the spread that matters, and that spread exists whether average rates are high or low, on average, across economies.

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Re:How Low Can Central Banks Go? JPMorgan Reckons Way Lower by chollida1 on Wednesday February 10, 2016 @04:33PM (#11076219)
I assumed there was an implicit than the US there. So you are correct that its the spread that matters.

The article was about lower Japanese rates as compared to the US, which has relatively high interest rates.

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