“Since the beginning of February, U.S. dollar-denominated bonds issued by Argentina’s government and companies have returned 12.7% to investors.  Some investors say they are encouraged by the steps Argentina has taken to shore up its finances, following the government’s decision in January to devalue the peso and raise interest rates amid increasing concern that the nation won’t be able to pay its debts.  ‘There’s a window of opportunity to invest in Argentina,’ said Pierre-Yves Bareau, global head of emerging-market debt at J.P. Morgan Asset Management, which oversees $1.5 trillion and has boosted its holdings of Argentine dollar bonds this year.”

http://online.wsj.com/news/articles/SB10001424052702304026304579449283459471874

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