Bonds, Currencies Suggest Risk Assets May Soon Be Making a Short-Term Top

The yen carry trade (that had been in place since late last year) unwinding a bit caused the recent pullback in risk assets over the last couple of weeks. This move higher in the yen that started this correction looks like it’s taking a multi-day breather, but there definitely appears (to me) to be…

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Bonds, Currencies Suggest Risk Assets May Soon Be Making a Short-Term Top