Cryptocurrencies
El Salvador’s Leader Loved by Crypto Faithful, But Not by Bondholders
- El Salvador bonds posted the world’s worst losses this year
- Investors concerned about country’s unconventional finances
Nayib Bukele
Photographer: Camilo Freedman/BloombergThis article is for subscribers only.
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El Salvador President Nayib Bukele made himself a hero to the Bitcoin faithful this year with a whole hearted embrace of the crypto currency. Bond investors have an entirely different view on the country’s leader.