Argentine bonds drop, country risk spikes above 840 bps

Argentine dollar-denominated bonds fell, snapping a three-session winning streak, as the JP Morgan EMBI country risk index surged to 867 basis points intraday before easing to 841. The move signals renewed investor concern over Argentina's sovereign creditworthiness, though the partial retreat suggests some stabilization. This follows recent gains, indicating a reversal in sentiment that could reflect political or economic uncertainty.

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