Argentine bond yields and CDS prices decline

04/4/2013 | Reuters

A steep decrease in Argentine bond yields and credit default swaps prices seems to indicate that the nation has avoided a technical default, analysts say. The change also reflects optimism that Argentina will resolve a court case with hedge funds that are seeking full payment after a previous default. A New York court has given the hedge funds three weeks to consider Argentina's proposal.

View Full Article in:

Reuters

Published in Brief: