The carry trade has been one of the biggest winners of the year, helped by low volatility, wide interest-rate gaps, and a relatively stable dollar.
But now, parts of that setup are starting to crack.
In my new video, I break down:
- Why 2026 became a golden year for carry
- The classic yen carry trade explained
- The new euro funding twist
- The hottest trade of 2026
- 3 triggers that could cause it to unwind
- 3 rules to follow before touching this trade
Carry can feel like easy money for a long time.
Until suddenly, it isn’t.
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