Argentina country risk tops 600 bps, highest in five months; bonds, equities slide

Argentina's country risk index rose for a tenth straight session, breaching 600 basis points for the first time since April, as Argentine bonds and stocks fell on Wall Street. The move reflects deteriorating market confidence in the government's ability to access international debt markets, with consultants skeptical of near-term issuance. The sustained rise signals growing fiscal or political stress, though the trigger is not specified.