Argentina’s Abnormal Default Still Hurts as Losses Swell

Argentina’s default last month may not have looked or felt like a typical sovereign debt debacle, but that doesn’t mean bondholders have escaped scot-free. No developing nation’s bonds have lost more value this month than Argentina’s, according to a JPMorgan Chase & Co. index of dollar-denominate…

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Argentina’s Abnormal Default Still Hurts as Losses Swell