Interesting take on US dollar weakness

Is there a carry trade in being long euros?

Euro 12 month forwards have jumped in the past few months and are at 335 bps. Meanwhile, the spread between The US 10-year and German 10-year is about 200 bps.

Here are 12-months forwards:

Here's an interesting comment from Vineet Tandon in the FT.

investingLive Premium
Telegram Community
Gain Access