BREAKING: #ElSalvador’s Junk-Rated Bonds…

BREAKING: #ElSalvador’s Junk-Rated Bonds Surge 62%. El Salvador’s bonds have gained 62% in the last six months as the country finds itself on a better financial footing due to the implementation of #Bitcoin .

El Salvador’s bonds have even outperformed the Invesco Emerging Markets Sovereign Debt ETF (PCY), one of the largest holders of the country’s debt, according to Factset.

Rating agencies and IMF 🖕🏻🖕🏻

https://www.coindesk.com/markets/2023/07/20/el-salvadors-bonds-surge-62-amid-bitcoins-etf-driven-rally/

Carl B Menger

Carl B Menger

Bitcoin Chief Hodler Subscribe: https://carlbmenger.substack.com/