Bonds could rally as Argentine election springs surprise

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Bonds could rally as Argentine election springs surprise

Mauricio Macri, Argentina
Top opposition presidential candidate Mauricio Macri dances and sings after speaking to supporters in Buenos Aires, Argentina, Sunday, Oct. 25, 2015. Opposition leaders claimed Sunday night that Macri had gotten enough votes in Argentina's presidential election to force a runoff against the ruling party presidential candidate, Buenos Aires Gov. Daniel Scioli. (AP Photo/Victor R. Caivano) | Victor R. Caivano/AP/Press Association Images

Mauricio Macri, the conservative mayor of Buenos Aires, outperformed expectations on Sunday’s presidential elections in Argentina, meaning bond markets may receive a fillip on Monday morning.

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