The Paradox of the Argentine Debt Drama

A win for Argentina's holdout creditors could end up being a loss for investors in emerging markets.
Winning isn't everything.

A small group of investors is nearing its goal of making Argentina pay up on bonds that the country failed to honor years ago. Paradoxically, that outcome could end up being bad for creditors of sovereign nations as a whole.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.