Argentine bonds fall by up to 0.5%, led by the Global 2041, followed by the Global 2046 and the Bonar 2038. In this context, the country risk increases by 18 units (+3.1%) and operates at 605 points, according to the Argentine News Agency. The geopolitical front continues to show no signs of easing: the conflict in the Middle East escalates and keeps the Strait of Hormuz practically blocked, affecting about 20% of the global energy flow. Oil has accumulated strong gains since the start of the conflict, which raises the risk of a new global inflationary shock with a direct impact on energy and food costs. The leading index of the Buenos Aires Stock Exchange rises 0.9% to 2,686,041.91, while in dollars it advances 0.4% to 1,818.67 points. The shares are boosted by Cresud (+2.3%), YPF (+2.2%), and Grupo Supervielle (+1.3%).
Argentine Bonds Fall Amid Geopolitical Tension
Argentine bonds fall as country risk rises. The geopolitical conflict in the Middle East blocks the Strait of Hormuz, affecting oil prices and increasing the global inflation risk. Meanwhile, the Buenos Aires Stock Exchange index shows growth.