Argentine President Milei issued an emergency decree to introduce a new pension formula tied to inflation, alongside a 12.5% one-time pension boost for April. This move aims to adjust pensions in line with ongoing inflation but faces opposition in the legislature, with the Senate already rejecting Milei’s Decree of Necessity and Urgency. Despite legislative resistance, Argentina’s benchmark 2030 bonds have appreciated since Milei’s tenure began, signaling investor confidence in his economic reforms.