US Treasury Secretary Signals Potential New Bailout for Argentina as Country Risk Spikes

US Treasury Secretary Scott Bessent defended the 2025 intervention in Argentina and left the door open for a repeat, saying 'Could we do it again? Of course.' The remarks come as Argentina's country risk hits its highest level this year, amid opposition accusations of financial panic ahead of elections. This signals potential US support for Argentina's finances, which could stabilize markets but also raises moral hazard concerns.