Sharpe Ratio Shows China"s Yuan Is Best Asian Carry Trade
A gauge of the yuan"s risks and rewards shows it is the most attractive carry trade in Asia, spurring demand for Dim Sum bonds as exports (CNFREXPY) rebound. The yuan"s Sharpe ratio, which measures returns adjusted for price swings, was 8.6 percent so …
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Sharpe Ratio Shows China"s Yuan Is Best Asian Carry Trade
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