Argentina's country risk closed at 511 basis points on Tuesday, May 12, 2026, up 15 points from the previous close.
The JP Morgan index recorded this rise after hitting a near four-month low the previous Monday, when it closed at 496 points. Tuesday's session reflected profit-taking in sovereign bonds, opening at 496 points before climbing to close at 511.
The increase interrupted the recent downward trend fueled by Fitch Ratings' upgrade, which raised the credit rating from CCC+ to B-. The index remains below April peaks, such as 582 points on April 27.
Country risk measures the spread between Argentine bonds and U.S. Treasury bonds. A level of 511 points implies an additional annual cost of 5.11% for the country's international financing.
