Man Behind World’s Biggest Bond Rally Seeks Encore in Honduras Election
- Honduras bonds returned the most in the world as deficit fell
- Alarm bells sounded over president’s concentraction of power
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The leader who brought Honduras back from the brink of being a failed state and oversaw the world’s biggest sovereign bond rally is seeking to become its first president to get re-elected in more than three decades.
Juan Orlando Hernandez, 49, has pledged to continue to cut debt under an IMF program and to try to make the Central American nation -- until recently the planet’s murder capital -- safe enough for foreign tourists to visit. He’s leading in polls ahead of the Nov. 26 vote.