Economics
Argentine Bonds Gain on Wagers for Settlement With Singer
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Argentine bonds rallied, snapping a three-day losing streak, as the government’s plans to meet with a mediator in its conflict with holdout creditors bolstered speculation a settlement can be reached to prevent a default.
Government bonds due 2033 rose 2.2 cents to 85.44 cents on the dollar at 12:43 p.m. in New York, pushing the yield down