Venezuelan bond prices soar after US lifts trading ban

> Venezuelan government bond prices soared on Thursday after the US government eased sanctions that had barred American investors from trading them, handing immediate large gains to some hedge funds.
The price of #Venezuela’s sovereign dollar bond maturing in 2027 jumped more than 70 per cent to 19 cents on the dollar, according to Bloomberg data.
https://archive.is/2023.10.19-145149/https://www.ft.com/content/85b92d32-63e1-4d5f-9ac1-6c313eb79735 #US #Economy