Tag: stubborn inflation

• Wednesday, March 27th 2019 - 08:48 UTC

  Argentine financial markets jittery over October elections uncertainty

  

  Investors in Argentina are starting to get the jitters. The gap in yield between local and U.S.-issued bonds has roughly doubled in the last month in the face of stubborn inflation and mounting peso outflows, heaping pressure on President Mauricio Macri ahead of elections later in the year.