Cantor Fitzgerald LP stopped trading Venezuelan debt Tuesday, days after the Treasury Department slapped financial sanctions on the country for undermining democracy. The move is the first blanket restriction on Venezuelan bonds by a large U.S. financial institution. Trading in Venezuelan debt, until recently among the most easily purchased emerging market bonds, has slowed to a trickle this week, reflecting typical end-of-summer...

Source: Wall Street Journal August 29, 2017 19:30 UTC