PayPal buys cryptocurrency custodian curve: report

PayPal buys cryptocurrency custodian curve: report


Embarrassing trio in emerging markets face fear of spike in yield

(Bloomberg) – Eight years ago, when taper tantrum rocked emerging markets, the so-called Fragile Five of Turkey, Brazil, South Africa, India and Indonesia suffered the most. Another spike in U.S. Treasury yields threatens to wreak havoc in at least three of these countries: the Turkish lira, the Brazilian real and the South African rand last week drove major global declines in the world’s worst currency selling. developing countries since the end of September. These exchange rates have the highest one-week implied volatility in the world, with some analysts warning against more “The rise in US interest rates makes all emerging countries vulnerable”, …

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