Carry Trades Face Best Conditions Since 2000, Goldman Sachs Says
Bloomberg 2026-07-10 05:00:21
Context: Carry trades, a popular strategy in the $9.5 trillion-per-day currency market, are experiencing their most favorable conditions in over two decades, according to Goldman Sachs Group Inc. This assessment is based on various market factors that are currently aligning to make carry trades particularly attractive. The currency market is witnessing a unique setup that has not been seen since the year 2000.
Key Facts
- Carry trades, which involve borrowing in a low-interest-rate currency and investing in a higher-yielding one, are seeing the most compelling backdrop in more than two decades, according to Goldman Sachs Group Inc.
- The global currency market, where carry trades are a widely-used strategy, processes approximately $9.5 trillion in transactions per day.
- The favorable conditions for carry trades are attributed to various market factors that have aligned to create an exceptionally advantageous environment, not seen since the year 2000.