Dollar bonds rise up to 3% and analysts project that they will continue to rise

Dollar bonds rise up to 3% and analysts project that they will continue to rise

October 2, 2024 – 11:20

Argentine debt is trading with a majority increase in New York, both in foreign and local law, and thus does not suffer the impact on emerging markets as a result of the tension in the Middle East.

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The dollar bonds They rise up to 3% in a market attentive to local political tensions but evasive to the international conflict that impacts emerging markets due to the conflict in the Middle East. So, Argentine debt is trading with a majority increase in New York, both in foreign and local law.

“The bond market is strengthening day by day, expectations are many and while The Government continues with the zero emission policy and with an increase in both fiscal and financial surplusesany type of risk in the next payments is almost zero, in addition to many recommendations from outside banks,” explained Leonardo Svirsky, financial analyst.

For their part, PPI analyzed that “Argentine sovereign debt avoided the risk off” and expressed that given the escalation in the conflict in the Middle East, world markets turned towards conservative assets, but Global bonds were able to surf the bad waves.

In development.-

Source: Ambito

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