The Japanese yen has weakened significantly, trading past ¥153 per US dollar for the first time since February. This has reignited concerns over the yen carry trade and its potential to trigger a global financial upheaval. The Bank of Japan faces a critical choice: raise interest rates to support a plunging yen, or maintain current policy and risk igniting market chaos. Experts warn that the fallout from policy shifts could trigger a crisis
source: https://beincrypto.com/japanese-yen-carry-trade-crisis-global-market-risk/