One of the best explanations I've read on this is here: https://www.reddit.com/r/Economics/comments/d6e8qv/the_fed_pumps_another_75_billion_into_markets_its/ ht

One of the best explanations I've read on this is here: https://www.reddit.com/r/Economics/comments/d6e8qv/the_fed_pumps_another_75_billion_into_markets_its/ https://www.reddit.com/r/Economics/comments/d6e8qv/the_fed_p.... Although, I must admit I don't understand the carry-trade dynamics that much. I hope someone else can throw some light on that!