The Euphoria in the Markets Continues and the Country Risk Is Approaching 400 Points
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Buenos Aires, 12 June (NA).- The country risk continues with a downward trend and when averaging the wheel this Friday is 433 basis points, although the bonds operate with mixed result. The setback maintains the process that began on Thursday after the improvement of the note of the public debt by Standard & Poor’s. In case the index produced by JPMorgan perfore the 400 points is affirmed the possibility that the country can return to the volunt…
Argentina’s financial assets extended on Friday the positive trend started after Standard & Poor’s (S&P) decision to raise the rating of the country’s sovereign debt. The improvement of the score to “B-” from “CCC+” consolidated the perception of a lower financial vulnerability and allowed the country’s risk to drop to 433 basis points, the lowest level since May 2018. Sovereign bonds in dollars recorded average profits of 0.3% during the wheel,…
The indicator measured by J.P. Morgan drops to 433 basis points, while sovereign titles earn up to 0.4% on Wall Street.
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