leverage
Knowledge Base
Markets
What Is the Yen Carry Trade and Why Does It Drive Global Market Volatility?
How borrowing in Japanese yen to chase higher yields elsewhere creates leverage that unwinds violently when rate differentials narrow or risk premiums spike.
Breaking
Macro
Markets
Global Markets Erase $12 Trillion in Historic March Rout
Unprecedented oil shock, collapsing AI valuations, and extreme leverage converge to trigger the largest single-month drawdown on record.