Re:Yen sinks to 34-year low
by xotesos on Wednesday March 27, 2024 @08:23AM
(#39838100)
I just got 5.27% annualized on a 4 week US tbill while the Japanese 2 year is all the way up to 0.18% today.
Taking short term rates from negative to zero is just going to slow the bleeding a little. With these rate differentials this should be expected but it also might be a good place to long yen here but I am not a currency trader.
Taking short term rates from negative to zero is just going to slow the bleeding a little. With these rate differentials this should be expected but it also might be a good place to long yen here but I am not a currency trader.