The shift in the political landscape has created opportunities in the Venezuelan bond market. As the political situation evolves, market participants have significantly adjusted their expectations for Venezuelan bond assets. Investors have re-priced geopolitical risks and gained substantial returns from these high-risk, high-reward assets. Such events often trigger intense volatility in the bond market—both a risk and an opportunity. For traders willing to position themselves amid the fluctuations, political events can often generate considerable investment returns. Cross-asset linkage scenarios like this remind us to pay attention to the deep impact of geopolitical risks on financial markets.