Yields keep rising on Argentine bonds

Yields keep rising on Argentine bonds

Bonds Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income Funds Asset Management Regulation Politics Argentina US

The yield on Argentina's 2021 notes have shot up to 58% as investors reconsider the worth of the country's sovereign bonds in the run-up to elections on October 27, a capital markets source told LatinFinance. In comparison, the yield on the 2021s stood just above 15% before an early election on August 11 gave a 15-point lead to the center-left candidate Alberto Fernández and his running mate, former President Cristina Fernández de Kirchner. The same notes are now trading at 50 cents on the dolla

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