Default spectre returns as Argentina bonds sink on election results

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Default spectre returns as Argentina bonds sink on election results

Alberto Fernandez, Argentina, PASo, elections, LatAm
August 11, 2019, Buenos Aires, Argentina: Aug 11, 2019 - Buenos Aires, Argentina - Alberto Fernandez, presidential candidate for Todos party, votes this morning at a polling place in the Puerto Madero neighborhood. (Credit Image: ¬© Claudio Santisteban/ZUMAPRESS.com) (Credit Image: © Claudio Santisteban/ZUMA Wire) | Claudio Santisteban/Zuma Press/PA Images

Bond market analysts said that conversations about Argentina assets would return to the likelihood of default as market-friendly president Mauricio Macri suffered a heavy defeat in Sunday’s primary elections.

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