Ecuador country risk jumps 50 pts from 12-yr low; bonds fall

Ecuador's country risk, measured by J.P. Morgan's EMBI, rose to 433 points, 50 above its 12-year low, coinciding with a drop in Ecuadorian bond prices. The increase suggests deteriorating investor sentiment toward Ecuadorian debt, though the new methodology complicates direct comparison. This matters as it signals rising perceived default risk and potential pressure on Ecuador's financing conditions.