Argentina Treasury rolls over 136% in October auction amid US rate hike expectations

Argentina's Treasury achieved a 136% rollover in its first October debt auction, indicating strong domestic demand for peso-denominated debt despite a challenging external context. US September inflation data has solidified market expectations of a December rate hike, while local IPC data showed mixed signals, complicating the central bank's policy path. The combination of external tightening and domestic inflation uncertainty raises country risk, pressuring Argentine assets.