3 Articles
3 Articles
The index produced by JP Morgan stands at 403 basis points; the last time it was below 400 points was in April 2018
Buenos Aires, 11 July (NA) - The Argentine financial scenario consolidated an exceptional closing of the week. On a day marked by the local currency holiday, the Country Risk scored a new absolute minimum under the presidency of Javier Milei when closing at 402 basic points, remaining on the edge of perforating the psychological barrier of the 400 units. To find an indicator in similar levels it is necessary to go back to March 2018, during the …
At the end of the week, the country risk deepened its downward trend and fell to the area of 403 basis points. This setback responds directly to a new day of increases in public debt bonds, which register up to 1.4% in the Wall Street markets. The positive impact is mainly due to the payment of maturities, which changes in a favorable way the technical valuations of sovereign bonds. The shares of local companies also showed a positive dynamic: t…
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