Yen Short Bets Jump to Nine-Year High as Carry Trade Revives (opens original article in a new tab)

Yen short bets reached a nine-year high as the carry trade revives, amid potential Bank of Japan rate hikes and intervention risks.

• Speculators increased bets against the yen to a nine-year high
• Yen carry trade is reviving despite intervention risks
• Bank of Japan may hike rates on Tuesday