Mittwoch, 17. Mai 2023

Ecuador’s bonds have handed investors losses of 19% this year, the third-worst in the developing world, according to an index of peers. The selloff began in February, when traders took Lasso’s defeat in a constitutional referendum as a sign of his weakening mandate. Since then, the opposition-led National Assembly has started a second impeachment bid for the former banker, who took office nearly two years ago.

 Ecuador’s bonds have handed investors losses of 19% this year, the third-worst in the developing world, according to an index of peers. The selloff began in February, when traders took Lasso’s defeat in a constitutional referendum as a sign of his weakening mandate. Since then, the opposition-led National Assembly has started a second impeachment bid for the former banker, who took office nearly two years ago. 

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