G-10 carry trades survive the crunch

So why has the credit shock failed to dent the market’s carry-centric mentality? We believe it can partly be put down to time, and the Fed’s unexpectedly aggressive response to the market turbulence. After all, the impact of the shock on the real economy will take some time to feed through. And markets have assumed – rightly or wrongly – that the Fed will do whatever it takes to help financial markets find their footing.

But, more importantly, the credit market stress has done nothing to damage

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: