Tuesday, June 26, 2007
Yen carry trade will cause hedge fund collapse
Warning About Carry Trade
The yen rebounded on Tuesday, after Japanese Finance Minister Koji Omi warned about the risk of markets making one-way bets against the yen. Eisuke Sakakibara, "Mr. Yen", Professor at Waseda University and CNBC's Christine Tan, discuss if the government should intervene in the yen carry trade.
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