Argentina’s 10% Yields Tempt Bond Buyers as Election Risks Build
21 Articles
21 Articles
Wall Street financial analysts consulted by the international agency considered that the price of the securities, after weeks of falls, is located at a good “point of entry”
Argentine bonds with two-digit income are proving attractive to investors willing to ignore the fears about President Javier Milei's falling popularity before the elections at the end of next year. Vontobel and Schroders increased their exposure to Argentina, while the London-based hedge fund ProMeritum Investment Management set up a position during a sales wave that made the country's sovereign debt the worst performing credit asset in emerging…
The risk premium scored its highest value since April of this year. Argentine bonds and shares fall on Wall StreetConsultoras find it difficult for the government to access international debt markets.
The Argentine bonds completed ten consecutive wheels of regression, the country risk exceeded 600 points and the ADRs fell back on Wall Street. The negative trend began before the presidential trip to New York, pushed by U.S. rates above 5%, less accumulation of reserves and doubts about the economy and 2027. Without [...]
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