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Venezuela’s 2 Year Sovereign Yield Rises 499 Basis Points To 71.6%

This is a syndicated repost published with the permission of Snake Hole Lounge. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Venezuela’s financial crisis keeps getting worse and worse.

The 2 year sovereign yield for Maduroland rose 499 basis points to 71.6%.

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Venezuela’s 10 year yield rose 108 basis points to 31.84%. This is producing a steeply downward sloping sov yield curve.

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“But, but, Venezuela is beating Yellen and The Fed in terms of inflation.”

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