Venezuela just defaulted, and you may own its debt

“Dozens of U.S. mutual funds and big banks, which invest on behalf of millions of Americans, own portions of the debt.  Venezuela owes over $60 billion to bondholders. The country’s central bank has only $9.6 billion left.”

Read more: http://money.cnn.com/2017/11/14/investing/venezuela-debt-401k/index.html

Comments are closed, but trackbacks and pingbacks are open.