套息交易的本义是不对仓位进行货币对冲。这是一篇非常好的文献，圈友可以学习套息交易的真实操作细节。

Carry trades are transactions in which a low-interest funding currency is borrowed to invest in assets in a higher-interest destination currency without hedging for currency risk. They raise both macroeconomic and financial stability concerns because they may contribute to extended periods of currency appreciation followed by sudden currency declines.

In Latin America the three main ways to implement carry trades are reportedly: (i) purchasing debt denominated in the destination currency, as observed in a number of Latin American countries; (ii) taking a long position in the destination currency in the (deliverable) swap market, as seen in Me