Result adds to fears over support for president’s economic agenda
Argentina’s president Javier Milei and his sister Karina. Photo: Getty
Bloomberg
Argentina’s assets sank yesterday as president Javier Milei’s defeat in a key provincial election deepened concerns around political support for his economic agenda.
Sovereign notes dropped across the curve, leading losses in emerging markets. Bonds maturing in 2035, some of the most liquid, slumped 6.6 cents on the dollar to trade at 55 cents as of 10.45am local time, while yields climbed to 12.9pc.
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