# Argentina bond sell-off hits investors

> Argentina's bond market crashes as election fears rise.
- Title: Argentina bond sell-off hits investors · Buenos Aires Times
- Summary: Argentina's bond market crashes as election fears rise. Argentina's bond prices plummeted to 12% yields amid election worries and debt payments.
- Keywords: argentina, bonds, election, milei, debt payments, bond sell-off, presidential election, news, politics, world, bond, sell-off
- Source: Buenos Aires Times — https://batimes.com.ar/news/economy/argentinas-bond-sell-off-blindsides-bulls-as-election-fears-grow.phtml
- Author: David Feliba, Bloomberg
- Published: 2026-10-21T18:10:06+00:00
- Read time: 1 min
- Topics: argentina, bonds, election, milei, debt payments, bond sell-off, presidential election, news, politics, world
## Argentina bond market drops
Argentina's sovereign dollar bonds have been the worst performers across emerging markets over the past two months.
## Yields surge to 12%
Yields pushed to nearly 12 percent earlier this week and spreads to their highest level in more than a year.
## Investors surprised
Most large investment funds were overweight and surprised by the magnitude of the sell-off.
## Election fears grow
President Javier Milei's re-election prospects and the country's ability to meet billions in upcoming debt payments.
## Debt payments loom
Argentina faces roughly US$25 billion in hard-currency debt payments next year.
## Investor confidence drops
Government confidence index hovering near 40 percent, the lowest levels of Milei's presidency.
## Debt crisis deepens
Argentine residents held 23.3 percent of Global 2030 bonds at end of June, down from 35.9 percent.
## Election outcome matters
If Milei wins 2027 election, sell-off becomes distant memory; if he loses, crisis worsens.
## Key takeaway

Argentina's bond prices plummeted to 12% yields amid election worries and debt payments.