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Argentine Inflation-Linked Bonds Fall on New Tampering Concern By Daniel Helft Feb. 26 (Bloomberg) -- Argentina's inflation-linked bonds fell on concern the government will tamper with this month's consumer price index after government statistics workers raised questions about the handling of January inflation data. The government will change the methodology to measure the rise in consumer prices to reduce the reported increase in the cost of education as students prepare to return to class in March, newspaper Ambito Financiero reported today, without saying how it obtained the information. ``These new versions on more meddling with the inflation index are spooking investors,'' said Noelia Lucini, an economist in Buenos Aires at Capital Market Argentina Sociedad de Bolsa SA. ``It's more of what we saw earlier this month.'' The yield on Argentina's 5.83 percent bond maturing in December 2033 rose 5 basis points, or 0.05 percentage point, to 5.54 percent at 4 p.m. New York time, according to Banco Mariva SA. Yields move inversely to bond prices.
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