Dollar bonds reverse early gains and Argentina's country risk jumps above 840 points
Argentine dollar-denominated sovereign bonds reversed early gains in the last session of the week, with most trading lower led by the Global 2046 (-1.1%). The country risk measure by J.P. Morgan rose 1.4% to 841 basis points after October inflation accelerated to 2.2%, the highest reading since April. Meanwhile, Nvidia announced the departure of its CEO and chairman, Jensen Huang, effective immediately; Colette Kress takes over as interim CEO.
In 40 seconds
- Argentina's country risk rose 1.4% to 841 basis points, with dollar bonds mostly lower and the Global 2046 down 1.1%.
- October inflation in Argentina was 2.2%, the highest since April, with 26.3% accumulated this year and 33.1% year on year.
- Nvidia announced the immediate departure of its CEO and chairman, Jensen Huang; Colette Kress, until now CFO, becomes interim CEO.
IASummary generated by artificial intelligence from a story by Ambito. It may contain errors: the original source prevails.




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