Argentina bonds slide, country risk nears 630 as stocks tumble

Argentine dollar bonds fell over 3% at the session open, pushing the JP Morgan country risk index toward 630 points, while Argentine ADRs on Wall Street dropped more than 6% amid a global risk-off day. The selloff comes ahead of President Milei's trip to Paris, suggesting investor jitters over fiscal or political signals. The move is part of a broader emerging-market stress, but Argentina-specific factors are amplifying the decline.