Argentine Bonds Sink After Default; Swaps Holders Seek Ruling

``The International Swaps & Derivatives Association said it will rule on whether credit-default swaps on Argentina have been triggered. The nation missed a deadline yesterday to pay $539 million in interest after two full days of negotiations in New York failed to produce an accord with creditors from its last default in 2001. A U.S. judge ruled that the payment couldn't be made unless those investors, including Elliott and Aurelius Capital Management LP, got the $1.5 billion they're owed.''