Carry Trade Is All the Rage Across Global Bond and FX Markets

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Exploiting differences in interest rates is set to become one of the most popular investment strategies in coming months as markets bet shallower cuts will keep volatility subdued.

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Turkey’s World-Beating Lira Carry Trade Has Room for More GainsBorrowing in U.S. dollars and investing in Turkish lira has been the best-performing carry trade in emerging markets over the past six months, and some bankers say that’s just the beginning as long as orthodox policies are safeguarded and inflation starts slowing.
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