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A hedge-fund trade blamed for a massive market blowup in 2024 has made a big comeback, Goldman Sachs says

Friday, July 10, 2026


The currency-market carry trade has expanded to its largest size in years, according to Goldman Sachs. The strategy involves borrowing in low-interest-rate currencies and investing in higher-yielding assets elsewhere. A similar trade was cited as a contributing factor to market volatility in August 2024.

Original reporting: https://www.marketwatch.com/story/a-hedge-fund-trade-blamed-for-a-massive-market-blowup-in-2024-has-made-a-big-comeback-goldman-sachs-says-f2308a78?mod=mw_rss_topstories

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