We've been on watch here for a few days now. We get the confirmation that the US is coming and intervening in these markets. What do we know so far. So we know what Besson tweeted, right.That they finalized talks for this 20 billion swap line, which the Argentine economic team has been in DC for a few days discussing. I think they flew in Friday and he also made this, I think, a bit surprising and extraordinary step to say we we stepped into currency markets and bought pesos directly, which I think caught e ...

The US plans to extend a $20 billion swap line to Argentina and could buy the country's foreign bonds, which would give much-needed financial support to Argentine President Javier Milei. Hans Humes, the CEO and Chairman of Greylock Capital, says this potential deal is already boosting markets and helping Milei. Humes joined "Bloomberg Open Interest" to share his insights. ...

Washington’s move ends “uncertainty about the liquidity difficulties generated by the economic program so far,” said Federico Filippini, chief economist at Adcap Grupo Financiero. “The announcement that the Treasury would be willing to directly purchase sovereign debt significantly increases the likelihood of a fall in country risk to the point that the government could issue debt in early 2026.”In addition to the swap line, Bessent said the US is “prepared to deliver” a stand-by credit from the Treasury’s ...