You need to understand that JP experienced very long deflation hence the only country with negative rates. A healthy economy should have 2% inflation year over year and JP does not have it. So raising interest rates is logical way to get them out of deflationary cycle.
Bank of Japan Hikes Policy Rates by 25 Basis Points to Highest Since 2008
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- alimoo9·01-24It might still exist since JP interest rates are way lower than the rest of the world. But it would not be interesting for you since there is no way you can borrow JP yen unless you're in JP.LikeReport
- Tigerous·01-24So carry trade no longer exists?LikeReport