Argentina Bonds Rollercoaster: U.S. Support a Mirage?
Update: 2025-10-02
Description
Argentina's dollar bonds plunged investors into chaos after mixed signals from the U.S. Treasury Secretary triggered a wild market swing. Initial optimism over potential U.S. support for President Milei's reforms evaporated when direct financial aid was ruled out, fueling market uncertainty. With a looming U.S. government shutdown, political opposition, and short-term economic fixes creating more problems, the peso is tanking, and a major currency devaluation may be on the horizon.
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