---
title: "Japan’s energy import shock could ripple into yen carry trade and US Treasuries, Pelletier says"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279073893.md"
description: "Rising oil prices may pressure global financial markets by straining Japan's currency, impacting the yen carry trade and U.S. Treasury flows, warns Martin Pelletier of TriVest Wealth Counsel. He highlights Japan's vulnerability to these changes, suggesting significant implications for investors."
datetime: "2026-03-13T16:51:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279073893.md)
  - [en](https://longbridge.com/en/news/279073893.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279073893.md)
---

# Japan’s energy import shock could ripple into yen carry trade and US Treasuries, Pelletier says

Rising oil prices could create renewed pressure across global financial markets by straining Japan’s currency, threatening the popular yen carry trade and potentially influencing flows in the U.S. Treasury market, according to Martin Pelletier, portfolio manager at TriVest Wealth Counsel. Pelletier on X noted that Japan is particularly vulnerable t...

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