What's the state of the carry trade?

With the Fed at 3.75%–4.00% and the BoJ at 1.00% (Fed report), the carry map has reshaped. The question is which carries compensate for their risk.

What's your read?

• the carry pairs you find attractive or dangerous
• how intervention risk prices into yen carries
• the unwind scenario you're watching for

Background: carry trade explained.