Venezuela bond traders ignore Goldman outrage

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Venezuela bond traders ignore Goldman outrage

Venezuela, PDVSA, protests, LatAm
Opposition protesters clash with security forces in the streets of Valencia, Venezuela on June 1, 2017, after more than 60 days of anti-government protests in the country. NEWZULU/Andrews Abreu | Andrews Abreu/PA Images

Goldman Sachs sparked the ire of Venezuelan opposition supporters and several bond investors this week as it bought $2.8bn of PDVSA bonds at a hefty discount that put the yield at 40%.

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