JC
June 26, 2026

Could the Reverse Carry Trade Be Pushed to 2027?

A viewer asked: Is it possible for the reverse carry trade to get pushed to 2027 or later, or is that a no? This recording is Jake Claver's answer, in full and unedited.

More on this subject: jakeclaver.com.

What this recording covers

Claver addresses whether the reverse carry trade can be postponed to future years or whether macroeconomic pressures will force an immediate resolution. He analyzes the Japanese sovereign yield curve, pointing out that ten-year yields have reached multi-decade highs not seen since the late 1990s. Claver explains that domestic inflation and emerging economic growth compel Japanese monetary authorities to raise interest rates to break decades of stagflation. However, raising interest rates places policymakers in a difficult dilemma. While domestic stability requires higher rates, tighter monetary policy triggers an immediate repatriation of capital as international borrowers rush to settle existing loans. This rapid flow of funds back to Japan creates severe liquidity pressures across global financial markets. Claver concludes that policymakers have exhausted options for delay because domestic economic conditions demand rate adjustments regardless of international friction.

Where this fits

This page hosts a recorded video and a short summary of what it covers. It is general information, not investment, tax, or legal advice, and not a recommendation to buy or sell any asset or to form any entity. Rules change and older recordings may describe a position that has since moved. Speak to a qualified professional before acting.

More from Jake ClaverFull-length breakdowns on custody, entities, trusts and XRP.

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