Colby Smith

President-elect Fernández is reticent on likely relationship with bondholders and IMF

Too harsh a restructuring deal could scare off investors, says one creditor

Wall Street investors back a rebound, citing historical precedents

Bondholders weigh deal with Macri against negotiating with likely successor Fernández

13/08 - 12:48 - Turmoil continues to rock currency after strong showing by populist candidate in primary vote

And although polls remain neck-and-neck, incumbent Mauricio Macri's re-election chances have also improved with the selection of his running mate, Peronist Senator Miguel Ángel Pichetto. This thinking goes that by shifting to the political centre and choosing someone from his opposition party, Macri will broaden his electoral appeal — a necessity if he is to reverse his slumping popularity.

At some point even if in the long-term what is good for the country is more adjustment, you may lose support from all of your stakeholders. It may not be just Congress, but lower levels of government that are not up for it. Then there are unions and big business owners

03/05 - 11:55 - Sceptics fear that a return to currency intervention would spell doom for Buenos Aires

No Argentine assets escaped last week's bout of market volatility, not least the country's dollar-denominated bond maturing in 2117. The so-called “century bond” traded as low as 66 cents on the dollar, before stabilising around the 67 cents mark.