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Tom Duncan
“Surging Inflation Spurs Debt Concern in 2012, Swaps Show: Argentina Credit”
“The third-highest inflation rate in the world is making investors less confident in Argentina’s ability to keep up economic growth and repay debt beginning in 2012, credit default swaps show. Five-year contracts that protect investors against a default by Argentina cost 123 basis points, or 1.23 percentage points, more than two-year swaps on Oct. 15, […]
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