Venezuela’s 2 Year Sovereign Yield Rises 499 Basis Points To 71.6%

Venezuela’s financial crisis keeps getting worse and worse.

The 2 year sovereign yield for Maduroland rose 499 basis points to 71.6%.

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Venezuela’s 10 year yield rose 108 basis points to 31.84%. This is producing a steeply downward sloping sov yield curve.

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“But, but, Venezuela is beating Yellen and The Fed in terms of inflation.”

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