Investor Risk Premium on Argentine Debt Rises Amid US Treasury Yields

Country risk premiums demanded on Argentine dollar bonds have risen sharply. The JPMorgan EMBI+ index for Argentina, which tracks country risk, saw its value rise to 602 basis points in the final trading session of the week, according to. In the meantime, the index had accumulated a 22% increase since mid-July, when it stood at 402 points. Separately, reported that the country risk rose five days in a row, reaching 524 basis points by Friday, September 18, 2026.

The increase in country risk is attributed to both international and local factors, including uncertainty over next year’s elections and recent economic data in Argentina. On the global front, the rise in risk is tied to the increasing rate on U.S. bonds. When U.S. Treasuries reach high yields, such as 5.9% in the 30-year segment, investing in emerging markets like Argentina becomes comparatively riskier.