Argentine debt plumbs new depths as political tensions mount

https://www.batimes.com.ar/news/economy/argentine-debt-plumbs-new-depths-as-political-tensions-mount.phtml

"Keeping the status quo won’t serve to rebuild investor confidence in the crisis-prone nation. There are prospects for regime change in the October 2023 elections, but investors are wary of jumping back into Argentina, especially when other countries with lower default risk offer similar returns."

“The problem is the elections are quite far away, and while the opposition has a really good chance of coming back, we still could face more deterioration,” said Nathalie Marshik, managing director for fixed income at Stifel Nicolaus & Co in New York. “Batakis won’t rock the boat, but the boat may just capsize by itself.”