Milei’s Money Man Shuns Foreign Markets After Failed Bond Binge

In his first stint as a top Argentine finance official a decade ago, Luis Caputo tapped foreign bond markets again and again, selling more than $40 billion in total and earning the moniker “serial borrower” from his critics. Nearly three years into his second tour, Caputo, now the top economic aide to President Javier Milei, hasn’t sold a single bond overseas.

By Manuela Tobias and David Feliba