Venezuela Bond Traders Bet on More Gains After Maduro Raid

Venezuelan bonds are poised to gain after the US captured President Nicolás Maduro, setting the stage for the potential regime change that investors in $60 billion worth of securities have been betting on. Most Read from Bloomberg . Defaulted notes from the sovereign and state-run oil company PDVSA have already more than doubled to between 23 and 33 cents on the dollar in the past few months as US President Donald Trump ramped up pressure on Maduro. While still far out, the prospect of a potential debt ...