Yen carry trade to grow once volatility ebbs, strategists say

Despite recent trend, Japan-U.S. interest rate spread to remain wide in short term

20240826 Ueda and Powell

Japanese yen traded at 143.59 to the dollar at one point on Monday morning, the highest level since Aug. 5. (Nikkei montage / Source photos by Reuters, Uichiro Kasai and Mizuho Miyazaki)

LISA KIM, Nikkei staff writer

TOKYO -- The big yen carry trade partially responsible for the selloff in Japanese stocks earlier this month will likely reemerge once volatility subsides, strategists say.

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