(Adds context of Bessent's and Milei's comments ) By Rodrigo Campos and Libby George NEW YORK/LONDON, Oct 2 (Reuters) – Argentina's international dollar bonds zigzagged on Thursday after U.S. Treasury Secretary Scott Bessent said upcoming in-person discussions in Washington would "meaningfully advance" the country's pledge of financial support for President Javier Milei's government, but later said in an interview that the US is "not putting money into Argentina". An initial rally fizzled and bonds, which rose close to two cents after Bessent's initial comments, were trading negative shortly after his "no money" statement. Milei had said Wednesday night that part of the negotiations with the United States included purchases of bonds in the secondary market and "profit-sharing." Bessent said last week the U.S. is in negotiations over a $20 billion swap line with Argentina's central bank and stands ready to do what is needed to support the South American country. The 2030 maturity was marginally lower after having risen more than 2 cents earlier. Argentina's financial markets, which rallied strongly after Bessent's initial support pledge last month, have fallen in recent days around uncertainty over U.S. backing and concerns over the fate of Milei's reformist agenda after mid-term legislative elections later this month. (Reporting by Libby George and Rodrigo Campos; Editing by Amanda Cooper and Chizu Nomiyama )
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
Parents can help youngsters regain their motivation by creating successes. Making their progress visible will…
Berlin (dpa) – Bread and baked goods top the list of food items we wind…
Check out these tips to get the best out of your air fryer, from how…
A gene-edited pig kidney kept a man off dialysis for nine months in a world…
Rome (PA Media/dpa) - Cases of diabetes develop earlier and are more severe in women who…
Berlin (dpa) - Municipalities in many places around the globe have at least one dedicated…