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Bonfire of the carry trades

Posted by Sam Jones on Oct 09 09:43.

The below graph from Brad Setser at CFR. A rebased look at the high carry currency unwind:

Carry meltdown

Related links:
Asian pain: The ghosts of 1997-98 return - FT Alphaville

This entry was posted by Sam Jones on Thursday, October 9th, 2008 at 9:43 and is filed under Capital markets, Hedge funds. Tagged with .

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