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Bitcoin.com 2024-06-21 13:25:22

Arthur Hayes: Japanese Banks in Crisis Over Dollar-Yen Carry Trade Failures

Japanese banks, once secure in their financial strategies, are now facing severe challenges due to shifts in global monetary policies, as outlined by Bitmex co-founder Arthur Hayes in his latest blog post. These institutions are caught in a cycle of low yields and high hedging costs, which dramatically impact their operations and financial stability. Japanese

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