What is the carry trade and why did it cause market chaos?

In this article:

The yen carry trade unwinding was a big factor in the Monday sell-off. It started after the Bank of Japan raised its interest rates. Market Domination Co-host Julie Hyman breaks down what a carry trade is and its role in the global market meltdown seen in Monday's trading session.

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This post was written by Melanie Riehl

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