The markets are lukewarmly beginning to show their optimism after the ruling on the Bases Law that was obtained in the Senate. A positive day is expected for both equity and bonds.
The dollar bonds rise up to 2% after the favorable ruling in the Senate to the Bases law and the Fiscal Package. The market operates positively, despite the fact that the assets already included the variable in prices. In this way, it is expected to be an optimistic day.
In the fixed income segment, the bonds that stand out the most are the Global 2041, followed by Global 2035.
“The Government came decisively closer to a legislative success that implies progress in its reform agenda and begins to outline the next stage, which would include a reformulation of the cabinet with the incorporation of Sturzenegger according to recent statements by the chief of staff Francos, and by himself. President Milei.
The hard dollar titles appear as one of the assets with the greatest potential in this most positive scenario for the government,” said Delphos Investment.
Meanwhile, INVIU anticipated that this ruling seems to indicate that the Bases law would be approved next week. “We think it will be a good wheel for both bonds and equity.”
Source: Ambito
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