Serial Defaulter Argentina Readies Return to Foreign Bond Market

Argentine officials are starting to prepare the country’s return to international bond markets. Their hope is that markets keep moving in their favor so they can sell the bonds by the start of next year, according to people familiar with the matter who asked not to be identified because the discussions are private.

Whether they ultimately do or not, that they’re even considering the possibility underscores the magnitude of the country’s turnaround over the past two months.

In September, panic swept through Argentine markets as investors feared that President Javier Milei’s fiscal-austerity program would be undone by an increasingly ...