Argentina's country risk closes the week at 707 basis points
Argentina's country risk closed the week at 707 basis points, one of the highest levels of the year, according to the index compiled by JP Morgan. Doubts about debt maturities and investors' perception of the Argentine government's ability to meet its obligations are pressuring dollar-denominated sovereign bonds, which have accumulated losses of up to 6.6% over the past month. Analysts warn that the persistence of these levels raises warning signs about the cost of access to international credit.
In 40 seconds
- Argentina's country risk closed the week at 707 basis points, one of the highest levels of the year.
- The index is compiled by JP Morgan as a measure of risk for markets with economic fragility.
- Dollar-denominated sovereign bonds have accumulated losses of up to 6.6% over the past month.
Read the full story at Prensa Latina
IASummary generated by artificial intelligence from a story by Prensa Latina. It may contain errors: the original source prevails.
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