The Swedish Y is always a vowel and can be long and short.
The long Y [yː]
dyr
expensive
ny
new
The short Y [ʏ]
tyst
silent, quiet, mute
(ett) yrke
profession
U → Y → I
| lura | lyra | lira |
| [”lʉːra] | [”lyːra] | [”liːra] |
| fool | lyre | play |
Jag lurade honom att lira lyra.