Argentina Bonds Slide Toward Distress as Vote Fears Come Early

Bonds Argentina Bonds Slide Toward Distress as Vote Fears Come Early Takeaways by Bloomberg AI Argentine global bonds are heading for their worst week in over a year as a global retreat from risk collides with growing investor anxiety over next year’s presidential election. The benchmark 2035 note lost more than three cents on the dollar, pushing the yield to 13.77% on Friday from 12.67% at the end of last week. The extra yield investors demand to hold Argentine debt over US bonds widened almost 140 basis points to 928 — more than double its July low — in the first four days of the week, according to a JPMorgan index.