Argentina’s Century Bond Falls to a Record Low

Argentina’s century bonds fell to a record and the peso sunk to a two-week low as concern grows that a widening graft scandal will derail government efforts to shore up the economy.

Yields on the overseas debt due due in 2117 edged up to 9.14 percent early Wednesday, bringing the increase to 0.18 percentage point since July 31, when journalists at La Nacion newspaper published the findings of an investigation into more than a decade of alleged corruption under former President Cristina Fernandez de Kirchner and her late husband.