As Argentina's Payment Comes Due, Are Negotiations Ahead?

As Bloomberg reports the decade-long battle between Argentina and holdout creditors is coming to a head. Argentina is likely to miss a bond payment that is due today, but the Latin American nation that defaulted on $95 billion in government bonds in 2001 has a 30 day grace period to negotiate its way out of the situation if it so chooses.

Official day for Argentina's default

The US court recently blocked the government of Argentina from making payments of $539 million to bond holders it had settled with, but the court ruled...