Country Risk Drops to 444 Points, the Lowest Level Since 2018
4 Articles
4 Articles
The macroeconomic indicator of JP Morgan experienced a drastic fall of 11.9% this Thursday after an improvement in the sovereign credit rating by S&P. The investor optimism boosted strong rises in public bonds in dollars and led the index to levels not recorded since May 2018. Read more
The previous minimum was 484 points, on January 28th. It is key for Argentina to return to global markets. After several days flirting with marking a new floor, finally this Thursday the country risk plummeted by a strong rise in the bonds and with this it reached its lowest point in the management of Javier Milei. On Wednesday the indicator of JP Morgan that measures what is the over-rate that Argentina should pay with respect to US Treasury bo…
After Standard & Poor‘s improved Argentina’s credit rating on the eve, Country Risk fell to a minimum in eight years this Thursday, when it stood at 442 points. The previous record around these numbers in the index produced by JP Morgan had been on June 8, 2018, when it had closed at 476 points. The significant decline of more than 50 points in the indicator that international investors follow to make their decisions – and that measures the yiel…
The strong rise of sovereign bonds drove a drop of almost 50 basis points in the index that measures JP Morgan. The entry The country risk pierced the 500 points and approached minimums of the Milei government after the improvement of the Argentine debt was first published in #BorderPeriodismo.
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