Investors increased short-term default expectations to 54% Bonds fell in October as political standoff intensified Venezuela, which has the largest crude reserves on the planet, has defied predictions of default since the oil collapse started in 2014, and analysts are split as to how long the nation of 30 million can hold out. With that in mind, Bloomberg is taking a close look each month at some of the key components that may determine its fate. Debt Payments After weeks of tense negotiations, state oil company Petroleos de Venezuela said last week that creditors holding $2.8 billion of bonds that come due over the next year agreed to extend maturities. While short of the $5.3 billion that PDVSA had wanted to exchange, it will buy the company some time. After making a capital payment due on Nov. 2 on bonds that mature in 2017, the government and PDVSA will […]