Argentine bonds fell in the first negotiations this Wednesday after the reversal of the Omnibus Law project in Congress during the afternoon of Tuesday.
The dollar bonds that have the most movement and mature in 2030 fall 3.8%, while those that mature in 2046 fell 4.8%
The bill, which was Javier Milei's first major test in Congress, had been generally approved last week after three days of debate.
But he foundered on the vote in particular, when analyzed article by article.
Although the Minister of Economy Luis Caputo came out to try to calm the waters with a tweet at night, asking "not to dramatize" the legislative setback, the markets did not pay attention to him.
Now investors are wondering whether Milei will be able to push through the reforms it envisions, especially without causing social unrest.
The hope that the law would be approved had pushed part of the dollar bonds to their highest value in three years.
Note in progress