Global Black Thursday: Country Risk Soars to 925, Highest in a Year

A global market selloff hit Wall Street and emerging market bonds, with local debt plunging and country risk jumping to 925 points—the highest in a year. The spike reflects a mix of external risk-off sentiment and domestic vulnerabilities, though the specific country is not named in the source. The magnitude of the move signals heightened stress in emerging markets, likely driven by a combination of global rate expectations and local political or economic factors.

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