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Yardeni blames global bond rout on yen carry trade unwind

Original: 🟠 UPDATE Yardeni Attributes Global Bond Rout to Yen Carry Trade Unwind US stocks fell as government bond yields hit mult

Ed Yardeni says the worldwide sell-off in government bonds, which has pushed yields to multi-decade highs, stems from the unwind of yen carry trades. US stocks fell under the pressure, though gains in AI-linked shares, fuelled by optimism around Anthropic's IPO plans, helped limit the losses.

Why now: Bond yields hitting multi-decade highs and falling stocks are rattling investors, and a prominent strategist's explanation is getting wide attention.

Ed YardeniYardeni ResearchAnthropicUS stock market

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• 🟠 UPDATE Yardeni Attributes Global Bond Rout to Yen Carry Trade Unwind US stocks fell as government bond yields hit multi-decade highs. Gains in AI-linked stocks, driven by optimism about Anthropic's IPO plans, helped limit losses. 📰 https://www. msn.com/en-ca/news/other/wall-… · GeoWire · 3

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