By Rodrigo Campos and Libby George
NEW YORK/LONDON (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 U.S. is “not putting money into Argentina”.
An initial rally fizzled and bonds, which rose roughly two cents after Bessent’s initial comments, traded negative shortly after his “no money” statement.
Milei, whose aggressive reforms have made him a darling of the Trump administration, had said Wednesday night that part of the negotiations with the U.S. 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…
