Connor Davis
21aa98eb074e5a50bb7899ca69597c169bbc63b11c0c94a17c0495efb057e792
Exploring the wonderful world of nostr. Computer security is my day job. Hobbyist ultra-runner, mycologist, and psychonaut. Student of Bitcoin and finance
Here's a good resource if you want to learn more - https://open.spotify.com/episode/3W4Y9Zb9SEr8E4OKdA3yiC?si=IT3exdUkQUekEvoZi9i0RQ
What I don't understand is how a move to 0.25% is triggering the trade to unwind. Is the carry trade based on the delta between US rates and Japanese rates? If so there is still a pretty big difference between the US and JPY rates so why now? I'm sure there is nuance I'm missing.