Kaboom! Venezuela’s 2Y Soverign Yield Skyrockets To 91.6%!

This is a syndicated repost courtesy of Confounded Interest . To view original, click here. Reposted with permission.

Venezuela, the once thriving country with the largest confirmed oil reserve in the world, has been “Socialized.” One result of this idiocy is a 91.6% 2-year sovereign yield.

ven2y90

Kaboom!!

kaboom

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