U.S. markets closed
  • S&P Futures

    4,140.00
    -6.75 (-0.16%)
     
  • Dow Futures

    32,728.00
    -29.00 (-0.09%)
     
  • Nasdaq Futures

    13,210.25
    -18.50 (-0.14%)
     
  • Russell 2000 Futures

    1,919.30
    -2.50 (-0.13%)
     
  • Crude Oil

    89.16
    +0.15 (+0.17%)
     
  • Gold

    1,790.20
    -1.00 (-0.06%)
     
  • Silver

    19.86
    +0.02 (+0.09%)
     
  • EUR/USD

    1.0183
    -0.0004 (-0.04%)
     
  • 10-Yr Bond

    2.8400
    +0.1640 (+6.13%)
     
  • Vix

    21.15
    -0.29 (-1.35%)
     
  • GBP/USD

    1.2074
    +0.0004 (+0.03%)
     
  • USD/JPY

    135.2500
    +0.2800 (+0.21%)
     
  • BTC-USD

    23,305.84
    +314.02 (+1.37%)
     
  • CMC Crypto 200

    542.89
    +7.66 (+1.43%)
     
  • FTSE 100

    7,439.74
    -8.32 (-0.11%)
     
  • Nikkei 225

    28,241.09
    +65.22 (+0.23%)
     

Will El Salvador Default on its Sovereign Debt in 2023?

El Salvador has an $800M sovereign bond due in January 2023 while the issuance of a $1 billion bitcoin bond is delayed. Frank Muci, LSE School of Public Policy fellow, discusses the key takeaways of his recent op-ed on El Salvador’s massive debt and the potential ramifications if it were to default.