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 🖕🏻🖕🏻