First impact of the fall of the Omnibus law: debt bonds fall sharply on Wall Street. Dollar securities listed abroad started the so-called "premarket" with a general red.
All bonds fell between 3 and 4.5%. The hope that the law would be approved had pushed part of the dollar bonds to their highest value in three years. Now investors are wondering whether Milei will be able to push through the reforms it envisions, especially without causing social unrest. The bill was Javier Milei's first major test in Congress.