Argentina's country risk index compiled by JP Morgan closed at 519 basis points on Thursday, May 21, 2026, after a sustained decline influenced by US Treasury bond yields.
The index ended the session at 18:19 local time at 519 points, after opening at 524 and hitting a daily low at that level. This movement consolidated a decompression following volatility peaks seen at the end of April, when the index exceeded 580 points.
The recent path shows a low of 496 units on May 11, driven by Fitch's credit rating upgrade from CCC+ to B-. International factors such as rising Wall Street yields and geopolitical tensions later pushed the indicator to 538 points on May 15.
Analyst Milo Farro of Rava Bursátil noted that this context coincides with the recent Fitch rating improvement and the increase in international reserves. Local markets absorbed these elements optimistically, while Argentine ADRs and stocks traded higher.
