The Country Risk Exceeds 620 Points Due to the Fall of Argentine Bonds and US Rates
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The risk country of Argentina rises again this Thursday as it climbs to 623 basic points, which implies a jump close to 2% from the previous closing, in a negative day for the markets. The indicator of JP Morgan advances 12 units compared to the 611 points in which the [...] The entry The country risk rose to 623 points while Milei assured that it continues to decline was published first in First Edition.
The indicator advanced 12 points in the day and accumulated a rise of 4.3% in the first half of October. The President projected that it will drop from 100 points next year.
On a more than negative day for Argentine assets on Wall Street, stocks and bonds lose up to 1% at the start of the round on Thursday, October 15. In fact, sovereign bonds in Argentina dollars, Bonares and Globals, fall by 2.2% on average. While shares and bonds are ... Read more
The international context prevails over the results of the debt tender and the increase in purchases by the BCRA.
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