Bond traders are already betting on Argentina’s next default – Yahoo Canada Finance

Bond traders are already betting on Argentina’s next default – Yahoo Canada Finance

(Bloomberg) – Over the next few weeks, if all goes according to plan, Argentinian officials will put the finishing touches on a bond restructuring deal and end the ninth default in the country’s history.

Bond traders are already preparing for the 10th.

They refuse to increase the value of the old bonds that will be traded under the deal at the price agreed to by the government and major…

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