Argentine Assets Swing on Reports Bessent Lining Up More Aid
The article reports on the fluctuations in Argentine assets following reports that the US Treasury Secretary, Scott Bessent, is preparing additional aid for the government of Javier Milei in Argentina. According to the article, Argentine sovereign bonds briefly surged after media outlets reported that the proposed aid package is now estimated to be around $40 billion, double the previous pledge. This news has had a significant impact on the country's financial markets, causing a swing in Argentine assets. The article provides a concise summary of the key details, focusing on the most important facts about the reported increase in the aid package and its effect on Argentine assets. It avoids any bias or speculation, and sticks to the essential information presented in the news story.
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