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Venezuela bonds are the hottest trade on Wall Street this week. But there are big risks from here
CNBC· 2026-01-06 19:29
Demonstrators hold a large Venezuelan flag outside the National Assembly, on the day Vice President Delcy Rodriguez was formally sworn in as the country's interim president, as U.S.-deposed President Nicolas Maduro appeared in a New York court after the Trump administration removed him from power, in Caracas, Venezuela Jan. 5, 2026.Prices on the country's benchmark notes due in October 2026 have surged to about 43 cents on the dollar, more than doubling since August. The rally comes as traders reassess reco ...