Lebanese bonds just hit their strongest performance since March 2020—back when the country defaulted on roughly $30 billion in international debt. What's driving this rally? A proposed law aimed at unfreezing bank deposits is sparking real optimism about the nation's ability to climb out of its financial crisis. It's a reminder that even in markets far removed from crypto, policy shifts can dramatically reshape investor confidence and asset valuations. Worth watching how this unfolds and what it signals about broader emerging market credit dynamics.