Today, we are in the midst of carry bubbles coming undone, with a rush of one-way trades rendering stop losses useless as market makers become unwilling to make a price. Our first priority as treasurers is to protect our companies’ financial assets, followed by many other ways we add value to the business. Are corporate treasurers looking at carry risks closely enough to understand the potential short-term and long-term risks to our businesses? I read a lot of books about the financial markets – I recently came across one that stands out from the rest – corporate treasurers will prize this one.
Read the Book Review by Todd W. Yoder, EuroFinance: https://www.eurofinance.com/news/the-dangers-of-carry-for-corporate-treasurers/
