Sovereign bonds fall and country risk exceeds 480 points

Sovereign bonds in dollars continue to suffer losses in New York, and the country risk exceeds 480 basis points, on a day without operations in the local market due to the national holiday for the Passage to Immortality of General José de San Martín. The ADRs, on the other hand, show an increase. Argentine securities show declines of up to 0.4% on Wall Street. The country risk, measured by JP Morgan, rises by 1.6% to 483 basis points, representing an increase of over 12% so far in August. Argentine bonds reflect the mood of the U.S. market, where the Dow Jones leads the losses with a decline of 0.4%, followed by the S&P 500 with a drop of 0.2%. The Russell 2000 falls by 0.3%, while the Nasdaq shows an advance of 0.1%. The Argentine market remains closed with no operations this Monday, so liquidations will be carried over to the next business day, Tuesday, August 18.

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