Affirm Falls 10% as Inflation Print Lifts Yields; Klarna Drops 3%, PayPal Barely Budges

Impact · against what's priced in

Affirm is the primary loser as rising yields directly undermine the funding costs the market had assumed were stabilizing. Klarna and PayPal remain relatively insulated, as their business models avoid the warehouse-funding sensitivity that triggered Affirm's selloff.

AFRM−0.60: Challenges what's priced in
The price assumes: The recent narrowing of asset-backed security spreads to roughly 100 basis points, which lowers funding costs today.

Affirm Falls 10% as Inflation Print Lifts Yields; Klarna Drops 3%, PayPal Barely Budges

What matters in this story

How high inflation became a 'fact of life' in the U.S.

Affirm Falls 10% as Inflation Print Lifts Yields; Klarna Drops 3%, PayPal Barely Budges

What matters in this story

How high inflation became a 'fact of life' in the U.S.

How each ticker is affected

Connected tickers

Track these names every morning.

Global Markets Fall as Hot CPI Fuels Fed Rate Hike Fears

Inflation got worse in September as consumers struggle with high prices ahead of the midterms

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Affirm Falls 10% as Inflation Print Lifts Yields; Klarna Drops 3%, PayPal Barely Budges

What matters in this story

Next reads from the same story arc

How high inflation became a 'fact of life' in the U.S.

Affirm Falls 10% as Inflation Print Lifts Yields; Klarna Drops 3%, PayPal Barely Budges

What matters in this story

Next reads from the same story arc

How high inflation became a 'fact of life' in the U.S.

How each ticker is affected

Connected tickers

Track these names every morning.

Global Markets Fall as Hot CPI Fuels Fed Rate Hike Fears

Inflation got worse in September as consumers struggle with high prices ahead of the midterms

U.S. Treasury's gold revaluation could restart the ‘debasement trade' as yield pressures fade – UBP's Kinsella

Here's Why Gold ETFs Still Make Sense for Long-Term Investors