Lots of explanations on the web. Here’s one https://www.forbes.com/sites/danielfisher/2016/02/29/paul-singer-wins-long-battle-with-argentina-have-emerging-market-bonds-hit-bottom/?sh=517a76f051b8
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Lots of explanations on the web. Here’s one https://www.forbes.com/sites/danielfisher/2016/02/29/paul-singer-wins-long-battle-with-argentina-have-emerging-market-bonds-hit-bottom/?sh=517a76f051b8