Yen above 153 now. Hasn't hit this level since June 1990. Situation keeps getting worse.
https://x.com/David_Dierking/status/1778172510980206626
..BoJ may have to seriously contemplate raising rates. But doing so would threaten the carry trade (borrowing yen to invest overseas).
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Yen above 153 now. Hasn't hit this level since June 1990....
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