Lebanon’s bonds rise to the highest level in two years despite the war

Lebanon’s bonds rise to the highest level in two years despite the war

Israeli air strikes are wreaking havoc on Lebanon that could set its economy back years, but the country’s defaulting bonds have jumped to their highest levels in two years, rising a staggering 44 percent since late September, as traders rushed to buy them at bargain prices.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *